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14 days ago

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Samsung's also getting billions for US chip production.

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Samsung's also getting billions for US chip production.

The $280 billion package linked to the 2022 Chips and Science Act — which has already earmarked up to $8.5b for Intel and $6.6b for TSMC — has now allocated up to $6.4b for Samsung to expand chipmaking efforts in Texas with two new facilities for research and packaging. Samsung will in turn invest roughly $45b in its Texas facilities over the next decade.

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Samsung's also getting billions for US chip production.

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Samsung's also getting billions for US chip production.

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