US to fund Amkor up to $400 million for chip-packaging plant

News
Artificial Intelligence
ATI News Team

This Arizona facility, supported by US grants and potentially loans, aims to advance chip packaging for tech such as 5G and AI, with Apple as a prime client

The US Commerce Department announced its intention to allocate up to $400 million in government grants to Amkor Technology for the development of a $2 billion advanced semiconductor packaging facility in Arizona, US, Reuters reported July 26.

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