Samsung It already owned a $20 billion smelter in the state of Texas. The company is planning another $24 billion facility in the same state. Thus, its total investment in the state of Texas will increase to 44 billion dollars.
Intel, which has received more than 13 billion dollars in support from the government, is expected to invest 100 billion dollars in the country. GlobalFoundries, which also received a loan of $1.6 billion and a fund of $1.5 billion, is also building a new facility in New York. Of course, these figures are compensated somewhat by the incentives received.
The CHIPS program will not only ensure US independence on the chip side. It is expected to employ more than 50 thousand people in both the construction phase and chip production phase. This indirectly means that the country wins.
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