Samsung Electronics Co. plans To assemble a roughly $17 billion chip-making plant in Taylor, Texas, Based mostly on people Conversant Inside the matter, a mega funding by the South Korean tech huge, As a Outcome of the Biden administration pushes for an enlargement of U.S. semiconductor manufacturing.
An announcement might come as early as Tuesday, people Conversant Inside the matter said. Gov. Greg Abbott is scheduled to make an “financial announcement” Tuesday at 5 p.m. native time.