Texas gives record $250M semiconductor fund grant to Samsung's Taylor chip plant

On Tuesday, Texas awarded a $250 million Texas Semiconductor Innovation Fund grant to Samsung Austin Semiconductor for its ...

$250 million taxpayer-funded semiconductor grant awarded to Samsung

Another multi-million-dollar grant has been awarded to a multi-billion-dollar company in Texas through the Texas ...

Samsung lands $250M state grant for Central Texas plant

The grant, made possible by the Texas CHIPS Act, will support the ongoing development of a $17 billion semiconductor plant in ...
Community Impact

Samsung’s Taylor plant awarded $250M in state incentives

The Texas Semiconductor Innovation Fund aims to bring more semiconductor-related businesses to Texas, as well as support existing semiconductor manufacturers, like Samsung.
East Bay Times

Samsung to make Tesla AI chips in multiyear Texas deal

(Bloomberg/Yoolim Lee and Shinhye Kang) — Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.
DatacenterDynamics

US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds

US commerce secretary Howard Lutnick has said that Intel must give the US government an equity stake if the company wants to receive its CHIPS and Science Act funding.
Android

Trump Pushes for More Intel-Style Deals With CHIPS Act Funding

After securing a 10% stake in Intel through CHIPS Act funding, Trump has said he wants “more deals like that all day long.” The plan could expand into a national sovereign wealth fund, with possible ...