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Retrieved on: 2024-04-06 07:16:13
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Samsung plans to invest $27 billion in a second US chip factory in Texas, boosting total investment to $44 billion, to expand its semiconductor production, driven by initiatives like the CHIPS Act and amid a global chip shortage. The investment also aligns with efforts by semiconductor leaders like Intel and AMD to bolster US manufacturing, with government support emphasizing national security and competitiveness in the electronics and semiconductor industry.
Article found on: uk.pcmag.com
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