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Reading: Samsung Picks Texas for $17 Billion Chip-Making Factory
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The Wall Street Publication > Blog > Tech > Samsung Picks Texas for $17 Billion Chip-Making Factory
Tech

Samsung Picks Texas for $17 Billion Chip-Making Factory

Editorial Board Published November 24, 2021
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Samsung Picks Texas for  Billion Chip-Making Factory
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AUSTIN, Texas— Samsung Electronics Co. said Tuesday that it plans to invest roughly $17 billion in a semiconductor-making facility in Taylor, Texas, the latest chip-plant commitment this year amid a global processor shortage.

Samsung said the factory would be its largest U.S. investment and produce high-end chips that are used in smartphones and other devices, as well as for artificial-intelligence applications.

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