Samsung has announced a delay in the mass production at its new chip fab in Taylor, Texas, pushing the start date to 2025. The decision is attributed to the slow disbursement of funds under the Chips Act by the US government. The delay is seen as a result of Samsung's wait for further CHIPS funding. This delay follows TSMC's postponement of the opening of its new Arizona plant, raising questions about the effectiveness of President Biden's landmark CHIPS Act.
Missed this over Christmas. Samsung and TSMC saying their new US fabs won't begin production until 2025 https://t.co/pK4kx8TRw3
Samsung delays chip production at new Texas plant until 2025: https://t.co/uBwy73UJBw
Samsung delays chip production at its new Texas plant until 2025 according to Bloomberg and the Seoul Economic Daily. This comes after TSMC delayed the opening of its new Arizona plant, leaving questions about the effectiveness of President Biden’s landmark CHIPS Act. https://t.co/WVKmvfdCnb
Samsung Delays Production at New US Factory to 2025 – Reports https://t.co/Dh20R5xH0b
"US Govt's sluggish Chips Act payouts slam the breaks on Samsung's fab — company delays mass production at Texas fab to await further CHIPS funding" https://t.co/G9fz7djaaD
Samsung will delay mass production at its Taylor, Texas chip fab to 2025, media report, citing Samsung Foundry President Choi Siyoung giving a speech in San Francisco. Originally, the fab was to start production in the 2nd half of 2024. #Samsung $TSM $INTC #semiconductors…
Report: Samsung to delay production at new U.S. chip fab until 2025 https://t.co/DgJWz9Qybo
Samsung delays chip production at new Texas factory until 2025 https://t.co/eloydyN1T4 https://t.co/YuqMbV7HuT
US Govt's sluggish Chips Act payouts slam the breaks on Samsung's fab — company delays mass production at Texas fab to await further CHIPS funding: Report https://t.co/TXsxISU53J https://t.co/ogH7F6Zkyi
Samsung delays production at new US factory to 2025, Daily says https://t.co/8IDB6z2C1o via @business