US Government → Samsung: $4.7B investment
CHIPS Act: $4.7 billion for Samsung in Texas. The US government finalizes $4.745 billion for Samsung's Taylor (Texas) plants, 26% less than the preliminary deal; it is the plant that will make Tesla's AI chips.
This deal is 12% of everything US Government pays and 2% of everything Samsung receives in this database.
- Date
- Dec 20, 2024
- Paid by
US Government- Received by
🇰🇷 Samsung- Type
- Investment
- Amount
- $4.7B
- Status
- closed
- Note
- CHIPS Act subsidy, cut from the preliminary $6.4 billion
Sources
All deals between US Government and Samsung
- Dec 20, 2024 US Government → Samsung · CHIPS Act: $4.7 billion for Samsung in Texas $4.7B
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