Samsung Eyes Investing As Much As $20 Billion In New US Chip Plant(s) -- Sources -- January 23, 2021

Actually, The WSJ said only $17 billion and only one plant, but you know how these things go. First, one thing leads to another and before you know it, you're talking $20 billion and more than one plant. LOL. See more here.

The WSJ article, was posted yesterday, January 22, 2021.  Data points (see this article also):

• Samsung
• as much as $17 billion to build a chip-making factory in Arizona, Texas, or New York (I think we can quickly narrow that list to two, and perhaps even one, pretty quickly);
• looking at:
• two locations in and around Phoenix
• two locations in and near Austin, and
• a large industrial campus in western New York's Genesee County
• with the rise of the chip industry in Asia over the recent decades, the US share of chip manufacturing has fallen to around 12%
• significant new financial help would be needed for the country to reverse the trend

Much more at the linked story but enough to satisfy my curiosity and connect a few dots. 

See this post.

The last two posts caught my attention. I'm sure they caught the attention of someone else. To repeat:

• with the rise of the chip industry in Asia over the recent decades, the US share of chip manufacturing has fallen to around 12%
• significant new financial help would be needed for the country to reverse the trend