Samsung is doubling its semiconductor investment in Texas to $44 billion
Engadget -

It looks like President Biden’s CHIPS Act is starting to pay off. Samsung is planning on doubling its investment in Texas, according to a report by The Wall Street Journal. This will bring the total investment in the state’s chip-manufacturing sector to $44 billion, as Samsung already spent nearly $20 billion to build a factory back in 2021. The ambitious expansion will reportedly take the form of a new chip manufacturing facility, a packaging site and a research and development space. It’ll all...

Related Articles

Latest in News

More from Engadget | news gear Samsung President Biden The Wall Street Journal semiconductor chips fabrication facility Texas chip manufacturing facility chip manufacturing Business engadget provider_name region language Lawrence Bonk