The US awards a $4.75B CHIPS Act grant to Samsung and $1.6B to Texas Instruments for new factories in Texas and Utah, rounding out the program's largest grants
- Incentives will go toward new factories in Texas and Utah — Biden administration is racing to complete federal grants
Bitcoin passed $89K for the first time, Tesla closed up 8.96%, Coinbase closed up 19.76%, and Robinhood closed up 7.4%, as investors pile into “Trump trades”
It Just Had Its Best One Ever Steven Walgenbach / Inside Bitcoins : BlackRock Bitcoin ETF Hits New Record As Polymarket Odds Of Bitcoin Hitting $100K This Year Soar Vladimir Popescu / Watcher Guru : T...
The Biden admin unveils an $825M investment in an Albany-based chip research and development facility; the NTSC says the facility aims to drive EUV innovation
The Biden administration on Thursday announced an $825 million investment in a new semiconductor research and development facility in Albany …
Analysis: Kamala Harris has spent $57M on Google and Meta ads since Biden dropped out on July 21, compared to Trump's $5.6M; Biden-Harris spent $139M in 2024
Former president's lacklustre output points to significant tactical change from four years ago — Kamala Harris has spent 10 times …
The Biden administration awards $504M in funding for 12 regional tech hubs, including in New York and Florida, to expand research in AI, chip making, and more
- Effort aims to draw private investment around more of the US — Awards cover twelve centers, including in New York and Florida
Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
The Biden administration awards $238M via the DoD to set up eight chip research hubs, one of the earliest releases of the CHIPS Act's nearly $53B in subsidies
Ana Swanson / New York Times :
The US announces a ~$667M fourth round of rural broadband infrastructure grants and loans for 37 new projects after setting aside $771.4M in April and June 2023
The Biden administration on Monday continued its push toward internet-for-all by 2030, announcing about $667 million in new grants …
PitchBook: global crypto startup funding was $2.34B across 382 deals in Q2 2023, down for the fifth straight quarter; valuations fell nearly 70% YoY in H1 2023
Jacquelyn Melinek / TechCrunch : Twitter: @drleostrauss Twitter: Leo Strauss / @drleostrauss : A reason Silicon Valley techbros insistently push 🇺🇸 already in a recession - besides trying to damage B...
TSMC plans to more than triple its Arizona investment to $40B, building a fab for 3nm chips, set to open in 2026, and making 4nm chips in its fab for 5nm chips
President Biden to hail Taiwanese chipmaker's second plant as boost for US manufacturing — Taiwan Semiconductor Manufacturing Company …