Author Topic: Samsung Snags $6.4 Billion For Texas Fabs  (Read 411 times)

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Online Elderberry

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Samsung Snags $6.4 Billion For Texas Fabs
« on: April 16, 2024, 11:50:53 am »
Lawrence Person's BattleSwarm Blog 4/15/2024

Samsung’s Texas fabs are evidently going to be the beneficiary of CHIPS Act subsidies.

    The U.S. Department of Commerce (DOC) has announced that $6.4 billion will be sent to a Texas Samsung facility to bolster the supply chain of semiconductors.

    The multi-billion dollar investment is part of a larger $40 billion dollar federal funding agreement as part of the CHIPS and Science Act.

    As a White House press release states, the investment aims to “cement central Texas’s role as a state-of-the-art semiconductor ecosystem, creating at least 21,500 jobs and leveraging up to $40 million in CHIPS funding to train and develop the local workforce.”

    This investment would be used at both the research and development facilities in Taylor and the expansion of the fabrication factory in Austin.

The Taylor facility isn’t just an R&D site, it’s a full-blown state-of-the-art fab, and they could start running the line as early as July. The chips Samsung will be producing are planned to be on their 4 nanometer node.

More: https://www.battleswarmblog.com/?p=57785