The Biden administration announced on Monday (Apr. 15) that it would award Samsung up to $6.4 billion in grants to expand its semiconductor production in central Texas as part of the US Department of Commerce’s implementation of the CHIPS and Science Act. Reuters reported that the funding would support two production facilities in Taylor, Texas – a research center and a packaging facility. Commerce Secretary Gina Raimondo said it would also enable the South Korean firm to expand its Austin chip facility while boosting chip output for the aerospace, defense, and auto industries and bolstering t…