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US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say
(www.reuters.com)
this post was submitted on 09 Apr 2024
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would be good if it were any where but texas!
Texas has a bunch of advantages for manufacturing. Lawmakers are willing to work with firms, land is inexpensive and available while at the same time having lots of available workers, taxes are less, electricity is fairly inexpensive, and there is a ton of barrier island protected coastline for shipping ports. America's manufacturing rebuild cannot and will not happen in NY or CA, it is actively happening in places like TX due to such advantages.
If only they had reliable utilities. Samsung's fab in Austin got shut down for a few weeks from ice-mageddon. Messed them up enough that they threatened to leave if Texas didn't give them something to make up for it.