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Samsung will build a chip plant in Texas for $ 17 billion

South Korea conglomerate “Samsung“On Tuesday, it announced it would invest $ 17 billion (€ 15 billion) to build a chip factory in Texas at a time when the world is facing a semiconductor deficit.

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Texas Gov. Greg Ebot said it would be the largest foreign direct investment ever made in Texas.

At the same time, this is Samsung’s largest investment in the United States.

The new plant, which is scheduled to open by the end of 2024, will create more than 2,000 jobs.

Meanwhile, the factory – produced semiconductors will be able to use mobile and 5G technologies, as well as artificial intelligence, explains Samsung.

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