Samsung is reportedly delaying production at its new chip manufacturing facility in Texas — the second semiconductor giant to postpone assembly plans despite the Biden administration’s efforts to increase domestic supplies. Last year, President Joe Biden signed the CHIPS Act with the promise of spending $100 billion to support new semiconductor plants in the US. However, the government has so far made one grant — of $35 million, Bloomberg reported Samsung, the South Korean electronics giant, was initially scheduled to begin massively scaling up production and manufacturing at its plant in Taylor, Texas, in the second half of 2024,…
