CHIPS, Chips, TSM, Samsung, And Texas — June 9, 2023

Locator: 44891CHIPS.

CNBC certainly does not have the gravitas of The WSJ but more reporting like this and that may change.

Link here.

This is definitely a must-read for those following this industry. 

From the linked article:

Samsung is building a $17 billion chip fabrication plant, or fab, in Taylor, Texas, where it’s promised to start the first U.S. production of advanced chips next year. 

In February, applications opened for companies like Samsung to get their cut of the $52.7 billion CHIPS and Science Act, passed by lawmakers last year with the aim of bringing chip manufacturing to the U.S. after 30 years of market share losses to Asia.

Taylor, Texas: 29 miles northeast of Austin, TX, with about the same size population as Jamestown, ND.

Again, the Biden CHIPS Act MAGA.