Heard on the Street: Samsung’s $17 billion Texas investment will buy it goodwill with U.S. politicians. But rising tensions over advanced-chip supply chains will remain a headache.
has started construction on its $12 billion Arizona plant that will go into mass production in 2024. Intel said in March that it would invest $20 billion in two new fabrication plants in Arizona.
But geopolitics is the crucial backdrop. Chip manufacturing is concentrated in Asia. And for the most advanced nodes, TSMC and Samsung are the only players. TSMC, which serves customers including Apple and Nvidia, had more than half the market for foundry business in the second quarter, according to TrendForce. Samsung was a distant second with around 17%, but it also makes chips for its own use.
The upside for chip makers is that governments eager for their technology are prepared to offer generous incentives. But that could. TSMC, for example, lost Huawei as its customer due to the Trump administration’s export controls. Western politicians asking their constituents to help fund new chip plants—especially foreign-owned ones—may eventually try to impose more regulation as well.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Samsung to pick Taylor, Texas, for its $17 bln chip plant - WSJSouth Korean tech giant Samsung Electronics Co Ltd said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.
Read more »
Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making FactorySamsung plans to build a $17 billion chip-making plant in Texas, people familiar with the matter said, as the U.S. pushes for more domestic chip production
Read more »
Hellman & Friedman, Bain Capital to buy Athenahealth for $17 billionAthenahealth will be bought by private equity firms Hellman & Friedman LLC and Bain Capital for $17 billion, the latest sign of rising interest in companies driving the healthcare sector's shift to the cloud.
Read more »
Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making FactorySamsung plans to build a $17 billion chip-making plant in Texas, people familiar with the matter said, as the U.S. pushes for more domestic chip production
Read more »
Samsung to pick Taylor, Texas, for its $17 bln chip plant - WSJSouth Korean tech giant Samsung Electronics Co Ltd said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.
Read more »