SAMSUNG SET TO ANNOUNCE NEW $17 BILLION ADVANCED CHIP PLANT IN TEXAS: REPORT

Samsung announced a new $17 billion chip-making plant in Texas. The new plant will be located in the city of Taylor, about 30 miles away from Austin. Samsung is expected to begin using the new plant to produce processors, for its own uses and for use in other companies’ products. The expansion comes as the global semiconductor shortage continues to cause major problems.
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