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Samsung is doubling down on its massive processor investment in Texas

  • April 6, 2024
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American president Joe BidenWith the CHIPS Act, we launched a massive incentive program for the creation of new chip manufacturing facilities in America $52 billion The finder offered

American president Joe BidenWith the CHIPS Act, we launched a massive incentive program for the creation of new chip manufacturing facilities in America $52 billion The finder offered tax exemptions. This offer South Korean The giant took Samsung into action. The company, which built a plant in Texas in 2021 and spent $20 billion, will build an additional facility at the plant and increase the total investment to $44 billion.

Samsung’s new factory includes a chip manufacturing facility, a packaging facility and a… R&D center will be found. The main facility in Texas is also not yet in production, but will be released later this year, Taylor said.important logic chips” will be used to produce. Central Texas 40 minutes away Samsung investments are of great importance to the region.

CHIPS program attracts a lot of attention

CHIPS Act With the so-called regulations, many investors went to the US. Besides Samsung, which will receive a $6 billion incentive, there are many companies increasing their investments in the US. This includes companies such as GlobalFoundries ($1.5 billion grant, $1.6 billion loan), Malta and Intel ($8.5 billion).

Thanks to these incentives, the US is both to be more attractive It plans to create employment and employment opportunities, and also aims to prevent the rise of China, considered one of its biggest competitors, in this market.

Source: Web Tekno

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