The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.

The Biden administration has reached an agreement to provide up to $6.4 billion in direct funding for Samsung Electronics to develop a computer chip manufacturing and research cluster in Texas.

The funding announced Monday by the Commerce Department is part of a total investment in the cluster that, with private money, is expected to exceed $40 billion. The government support comes from the CHIPS and Science Act, which President Joe Biden signed into law in 2022 with the goal of reviving the production of advanced computer chips domestically.

“The proposed project will propel Texas into a state of the art semiconductor ecosystem,” Commerce Secretary Gina Raimondo said on a call with reporters. “It puts us on track to hit our goal of producing 20% of the world’s leading edge chips in the United States by the end of the decade.”

Raimondo said she expects the project will create at least 17,000 construction jobs and more than 4,500 manufacturing jobs.

  • hakase@sh.itjust.worksEnglish
    16·
    7 months ago

    Yeah, why bother contributing to the conversation and potentially educating yourself when you can just fall back on getting offended and playing the victim instead!

    The only reason I framed my comment the way I did was because of your flippant, entirely unjustified attack on RLL’s credibility, and therefore on me for being dumb enough to be so easily duped by them. I suppose I should be equally sorry that approachable, informative content offends you, but then, I’m not the one that insults people and then gets all offended when the energy I brought to the conversation is matched by my interlocutor.

    Edit in response to your edit:

    I’m getting really tired of explaining this.

    Seems like this behavior of making intentionally antagonizing statements and then playing the victim is reoccurring behavior on your part then. Might want to take a step back and re-evaluate.