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Austin Semiconductor Production Could Get a Big Boost From Proposed Government Incentives

Pending Legislation May Accelerate Local Industrial Demand
Samsung’s $17 billion investment in a new facility in Taylor, Texas, to produce advanced semiconductors is the largest-ever investment by the South Korean firm in the U.S. (Samsung Electronics Co., Ltd.)
Samsung’s $17 billion investment in a new facility in Taylor, Texas, to produce advanced semiconductors is the largest-ever investment by the South Korean firm in the U.S. (Samsung Electronics Co., Ltd.)
By Israel Linares
CoStar Analytics
August 3, 2022 | 5:02 P.M.

The CHIPS for America Act cleared a major legislative hurdle in Congress and is potentially headed toward providing a $54 billion stimulant for the U.S. semiconductor manufacturing industry.

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