Samsung Electronics and Texas Instruments received billions of dollars in chip subsidies from the USA.
US President Biden stated on Friday that agreements worth billions of dollars have been reached with South Korean semiconductor giant Samsung Electronics and Texas Instruments (TXN.US) to strengthen chip manufacturing facilities in the USA. The US Department of Commerce announced that Samsung has secured up to 4.7 billion dollars in funding to develop its operations in Texas into a mature business focused on the development and production of advanced chips. Authorities indicated in another notice that up to 1.6 billion dollars will be allocated to Texas Instruments to support the construction of new facilities.
A new star joins Trump's economic team, who has previously criticized Powell!
Stephen Moore was nominated by Trump to be the chair of the White House Council of Economic Advisers; he had previously accused Powell of helping the Democrats in the last USA election, and he is also a "crypto supporter."
Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?
Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.
Looking Into Texas Instruments's Recent Short Interest
Express News | Texas Instruments signed an agreement and ultimately received $1.6 billion in funding from the Biden administration's chip legislation.
US Finalizes up to $6.35 Billion in Chips Awards for Samsung Electronics, Texas Instruments
Express News | Texas Instruments Inc: Also Expects to Receive an Estimated $6 Bln to $8 Bln From U.S. Department of Treasury's Investment Tax Credit
Express News | Texas Instruments Inc - Ti to Receive up to $10 Million for Workforce Development
Express News | Texas Instruments Announces Award Agreement for Chips and Science Act Funding
Express News | The USA has ultimately decided to provide up to 1.6 billion USD in subsidies for Texas Instruments' factories in Texas and Utah.
Express News | U.S. Commerce Department Finalizes up to $4.745 Billion Chips Subsidy for Samsung Electronics, Significantly Less Than Initially Proposed -- Agency
Express News | US Finalizes up to $1.6 Billion Subsidy for Texas Instruments for Factories in Texas and Utah
25 U.S. 'Highest Conviction' Stocks – UBS
Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.
Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.
If You Invested $1000 In This Stock 15 Years Ago, You Would Have This Much Today
Earnings Tell The Story For Texas Instruments Incorporated (NASDAQ:TXN)
Marvell, Broadcom Lead Semiconductor Stocks Lower
Z3 Technology Introduces 4K @ 60Hz Video Encoder Solutions
Broadcom is迎来了 its "NVIDIA moment".
Before joining the "trillion dollar club", Broadcom's Market Cap had already reached around 800 billion USD. The rise of such a large AI Chip stock has made Wall Street think of NVIDIA.
Tianfeng: The "calm period" before Trump's inauguration.
The main risk in the future is that the currently relatively stable debt situation of the USA households may undergo nonlinear changes, rapidly deteriorating and leading to interest rate cuts by the Federal Reserve being greater than expected.