this post was submitted on 28 Dec 2023

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US Govt's sluggish Chips Act payouts slam the brakes on Samsung's fab, delayed to 2025 (www.tomshardware.com)

submitted 10 months ago by filoria@lemmy.ml to c/worldnews@lemmy.ml

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[–] Trudge@lemmygrad.ml 4 points 10 months ago

Samsung should be able to cover the tab in the interim if they really wanted to build here

That's the whole point. Samsung and TSMC never wanted to build American plants due to their history of stealing IPs, but the US government strong-armed them into building them. The subsidies were meant to smooth things over but now it's not being doled out.