Samsung Austin Semiconductor’s Taylor site served as announcement grounds for what officials describe as a “new chapter” of the company’s journey.
The Biden administration and the United States Chamber of Commerce reached a non-binding preliminary memorandum of terms to provide $6.4 billion in direct funding to Samsung as part of the federal CHIPS and Science Act.
Samsung officials, federal government representatives and Taylor leaders gathered for an announcement celebration Monday, April 15 at the semiconductor construction site.
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