ICYMI: Samsung has lodged an 11th hour proposal to build 11 semiconductor fabs around Austin, Texas over the next two decades, at an estimated total cost of $200 billion.
News of Samsung's expanded ambitions emerged as the US senate readies itself to vote on the $50 billionIntel has been the most vocal supporter of the bill, and tied its passage to its own plan tocannot be certain that news of Samsung's expanded ambitions was timed to ensure the Korean giant can get a share of some of the CHIPS Act's subsidies – but such conclusions are there to be drawn. Intel would be by far the biggest beneficiary from the bill as it stands.
Of course, Samsung has yet to commit to anything. Intel, on the other hand, has broken ground on more than $40 billion worth of new foundry capacity based largely on the assumption that it will receive government support. ®
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