Samsung's $17 Billion Investment in Texas: Hub for U.S. Chip Manufacturing

Samsung's new semiconductor fab in Taylor, Texas is a $17 billion investment, part of over $47 billion invested in the U.S. since 1978. The facility is a cluster of capabilities, with potential for multiple fabs, supporting buildings, and infrastructure. Samsung aims for vertical integration and self-reliance. The company plans to bring nearly a dozen companies to Texas, targeting industries beyond semiconductors. The geopolitical tension between China and Taiwan has driven chipmakers to turn to the US for manufacturing, making Texas an attractive location due to low taxes and subsidies.