Samsung receives $250M Texas grant for Taylor semiconductor plant

Samsung Electronics received a $250 million Texas Semiconductor Innovation Fund grant for its $17 billion semiconductor plant under construction in Taylor, Texas. The facility is expected to create 3,500 manufacturing jobs and be completed in 2026.

“With approximately $40 billion invested in Texas, Samsung is helping to cement Texas' position as the leading state for semiconductor manufacturing.”therealdeal.com

• 1 source
• therealdeal.comSamsung Lands State Grant For Austin Semiconductor PlantTRD StaffSep 19, 2025

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