The award, which is not yet finalized, will fund chipmaking facilities in New York and ... Intel won $8.5 billion in grants last month while Taiwan's TSMC clinched $6.6 billion in April to build ...

SINGAPORE container carrier Pacific International Lines (PIL) posted US$277.6 million in net profit for FY2023 – about 10 per cent of its FY2022 earnings of US$3 billion – as freight rates tumbled.

Washington – The federal government has agreed to provide Micron Technology a $6. ... New York computer chip plant and modernize a factory in Vermont. GlobalFoundries would receive $1.5 billion ...

April 15 (Reuters) - The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung (005930.KS) , opens new tab to expand ... Intel won $8.5 billion in grants last ...

The announcement follows an $8.5 billion grant given to Intel and $6.6 billion to Taiwan’s TSMC earlier this year to boost local production. The US has committed ... to the size of the company ...

Under the latest agreement, Samsung will not only build a new facility to produce ... the company receive up to US$6.6 billion in direct funding and up to another US$5 billion in loans under ...

The combination of strong US growth and sticky inflation is raising the odds the Federal Reserve hikes rather than cuts interest rates, bringing borrowing costs to as high as 6.5% next year ...

MELBOURNE: A strong magnitude 6.5 earthquake ... the West New Britain provincial capital Kimbe at a depth of 68 kilometers (42 miles) shortly before 7am local time (21:00 GMT), the US Geological ...

WASHINGTON — The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding ... on a call with reporters. “It puts us on track to hit our goal of producing ...

A strong 6.5-magnitude earthquake hit northern Papua New Guinea early Monday, but there was no threat of a tsunami, US seismologists said. The epicentre of the quake, which hit at 0656 local time ...

The U.S. government on Monday announced a $6.4 billion subsidy for South Korean ... second factory by the end of the decade and adding a new research and development center. Samsung will also ...

That moment came on Sunday, with Poulin scoring twice in a breathtaking 6-5 overtime win over the United ... “You want to win and I’m competitive and that’s part of it.” ...