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US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say
(www.reuters.com)
this post was submitted on 09 Apr 2024
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Texas has a bunch of advantages for manufacturing. Lawmakers are willing to work with firms, land is inexpensive and available while at the same time having lots of available workers, taxes are less, electricity is fairly inexpensive, and there is a ton of barrier island protected coastline for shipping ports. America's manufacturing rebuild cannot and will not happen in NY or CA, it is actively happening in places like TX due to such advantages.
If only they had reliable utilities. Samsung's fab in Austin got shut down for a few weeks from ice-mageddon. Messed them up enough that they threatened to leave if Texas didn't give them something to make up for it.
Your missing another big part and that's unions are hamstrung down there. A lot of places in the Midwest offer similar advantages, ports aren't as good but you can still ship a lot on the great lakes, but they won't go there because they're afraid of unions.
Inexpensive what fuck you smoking?
Except no water. Which last time I checked is pretty important for making fabs.
electricity is inexpensive as long as weather doesnt fuck up the plants causing peak usage price rockets*
Also, the land is stable. For something as precise as chip mfg, an area that won't earthquake is nice.
In oil country, the land may be getting less stable. Korean Samsung (and planet Earth) vs Texan oil barons, I wonder who Texas will protect.
Not to mention all of the slave labor from all of their incarcerated immigrants, and I'm sure the US will get a tax write off or something when they finally seceded.