Samsung Slows Opening of Texas Fab Despite CHIPS Stimulus
By Alan Patterson, EETimes (July 16, 2024)
On April 15, the DoC and Samsung signed a non-binding agreement providing up to $6.4 billion in direct funding under the CHIPS Act to help revive chipmaking in the U.S. During a quarterly results announcement on April 30, Samsung said that it delayed the production start for the Taylor fab project from the second half of 2024 to “maybe 2026.”
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