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According to a statement from President Biden, the preliminary agreement between Samsung and the Department of Commerce will bring the Korean firm's advanced semiconductor manufacturing and research and development to Texas.
The deal will result in over $40 billion in investment from Samsung, cementing Texas' role in the advanced semiconductor industry and creating at least 21,500 jobs. There will also be up to $40 million in CHIPS funding used to train and develop the local workforce.
"The return of leading-edge chip manufacturing to America is a major new chapter in our semiconductor industry," said White House National Economic Adviser Lael Brainard.
Commerce Secretary Gina Raimondo said Samsung's CHIPS money will help support two new chip production facilities, a research center and a packaging facility for 2.5D packaging at its new site in Taylor, Texas. The first of the new fabs will start making 2nm chips in 2026, according to a senior US official. The second fab will also make chips based on 2nm and 4nm process nodes
The money will also allow Samsung to expand its semiconductor facility in Austin, Texas, about 20 miles from the Taylor site.
[...] This marks the third large allocation of CHIPS money over the last month. In March, Intel became the biggest beneficiary to date, receiving up to $8.5 billion in direct funding and up to $11 billion in low-interest loans. Team Blue plans to spend $100 billion on constructing new manufacturing plants and expanding existing locations across the US over the next few years.
Earlier this month, the US Commerce Department said it had reached a preliminary agreement with TSMC to award it up to $6.6 billion in grants and $5 billion in loans, money that will be used by the company to build a third manufacturing plant in Arizona. TSMC is also making 2nm chips, at its Arizona factory, but they're not set to go into production until 2028. Unlike Samsung, the Taiwanese company has no plans to bring advanced packaging facilities to the US.
(Score: 1) by khallow on Friday April 19, @01:43PM (8 children)
Then don't use that shtick. "until people change their tribal voting habits" is way too perfect for this world. And perhaps in the future you should read my posts rather than stick words in my mouth. It was quite clear that I didn't take the present direction of throwing money at companies for their own profit to be an improvement. But you would have to read those posts first before figuring that out.
(Score: 0) by Anonymous Coward on Saturday April 20, @05:10AM (7 children)
It's your shtick, not mine. I mentioned nothing about "perfect" anything.
Too "perfect" for your world, yes. Humans have to power to choose, in theory anyway
And your denial of what you post has already been hashed out, you can run that ant mill by yourself
(Score: 0) by Anonymous Coward on Saturday April 20, @05:24AM
That talk sounds familiar. Good to know you're not Max Azzarello.
(Score: 1) by khallow on Saturday April 20, @12:06PM (4 children)
You didn't explicitly. But implicitly you did - a majority had to have the right attitudes and feelings. Well, we don't have that. So what's plan B?
Infrastructure. [soylentnews.org] You don't even need to make that infrastructure society-wide in order for it to work for you and like-minded people, or to be a demonstration of the virtue of your arguments!
Actually building valuable infrastructure is hard so I understand if you're not interested. But if you want to walk that talk, there you go.
(Score: 0) by Anonymous Coward on Saturday April 20, @08:58PM (3 children)
Wrong again, that's just you putting words in my mouth. Expecting better is not asking for perfect.
There's no "plan" at all. Everything is up to all of you
No, your tribal politics and corrupt economic systems just make it that way. Put that aside and everything becomes quite trivial, everybody will focus on what is important to the project
(Score: 1) by khallow on Sunday April 21, @07:49PM (2 children)
You should have written something else then, if you didn't want to be understood that way.
Good thing I thought of a better way than merely "expecting better".
Repeat after me: the perfect is the enemy of the good. Tribal politics and corrupt economic systems are what we have. Make it work. Don't waste my time with expectations we can't meet.
(Score: 0) by Anonymous Coward on Sunday April 21, @10:38PM (1 child)
No, you just need to shed your biases and learn how to read.
That only means you're not willing to make even the feeblest effort, not while you benefit from your tribal politics and corrupt economic systems.
The whole point, from the very beginning, is that you shouldn't blame your government for anything, it is only a reflection of the choices you make. That is just plain fundamental.
(Score: 1) by khallow on Monday April 22, @12:01AM
Way past you on that. Read my previous posts for details.
In other words, you still don't get it. This isn't about blame or expectations that can't be met. It's about making systems that work.
Consider this situation. A large portion of the resources of the US civilization have been handed over to a small elite to do "chips". The elite doesn't know what it's doing nor have an interest in doing this well. And we don't even have a demonstration that this effort will do anything positive. Even if we were to start with your perfect tribe-free, corruption-free world, this sort of scheme would rapidly create tribalism and corruption. That's why I wrote "In the meantime, let's keep them away from the chips, k?"
There are sensible steps we can take right now that don't require such perfection. Laws that are applied equally. Keeping government out of opportunities for corruption and tribalism-creation. Creating a powerful economy that doesn't bother with pretexts for subsidizing economic activity that should happen naturally - tribal, corrupt, or not.
(Score: 1) by khallow on Saturday April 20, @12:07PM
You're in that world too as you've already acknowledged with your lack of a majority of said perfect people. As I have said before, if your model of society requires perfect people, then you're doing it wrong.