Overview

• Samsung will receive up to $4.745 billion to support its $37 billion investment in Texas, including two new 2nm-capable fabs, an R&D facility, and the expansion of its Austin plant.
• Texas Instruments is awarded $1.61 billion to help fund three new fabs in Texas and Utah, focusing on analog and embedded chips for industries like automotive and medical devices.
• Amkor secures $407 million to build a $2 billion advanced packaging facility in Arizona, set to become the largest of its kind in the U.S. and primarily serve TSMC customers, including Apple.
• The projects are expected to create tens of thousands of jobs, including 17,000 during construction for Samsung and thousands more across Texas Instruments and Amkor facilities.
• The CHIPS Act funding aims to bolster domestic semiconductor production and reduce reliance on foreign supply chains, with completion timelines extending into the next decade.