US plans over $6 billion subsidy for Samsung’s $44 billion Texas chip fab

The US government is reportedly planning to award over $6 billion subsidy to Samsung Elec for chip fab expansion in Taylor, Texas. This comes after reports that Samsung Electronics considering a $44 billion investment in US chip plants.

Reuters report says that the Korean tech giant may announce a major investment in its Texas chip plant next week. Samsung would come up with a whopping $44 billion investment. As a result, the US govt expected to award subsidies of $6 billion to $7 billion to support the investment.

Two phases of investment:

First phase: Samsung will likely establish a new chip manufacturing plant in Taylor, Texas. This facility will use the latest GAA technology and will be capable of producing 3nm chips. The plant could commence operating in 2025.

Second phase: Samsung will build an advanced packaging plant in the US. The plant will package chips produced at the Taylor plant and other Samsung facilities. The report says this plant could start operating in 2026.

Details of the investment

• Total investment: $44 billion
• US government subsidy: $6 billion to $7 billion
• Location: Taylor, Texas
• Phase 1: New chip manufacturing plant
• Technology: Gate-all-around (GAA)
• Production capacity: 3-nanometer (nm) chips
• Start of operation: 2025
• Phase 2: Advanced packaging plant
  • Start of operation: 2026

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