U.S. Locks in $6.75 Billion Boost for Samsung, Texas Instruments, and Amkor in Race for Chip Dominance

By all accounts, semiconductors have become the lifeblood of modern technology, fueling everything from smartphones to advanced military systems. Recognizing this, the U.S. Commerce Department recently announced a series of grants worth up to $6.75 billion, all aimed at bolstering chip production on American soil. In a statement, Commerce Secretary Gina Raimondo underlined the significance of this move, remarking that it “positions the United States not just to compete, but to lead, in an industry that underpins our entire digital economy.”

Samsung Electronics, headquartered in South Korea, emerges as the largest beneficiary with a potential $4.745 billion in support. This funding will help Samsung complete a long-term plan that includes two new chip facilities, a dedicated research hub, and a packaging center in Texas. Although the final figure is roughly $1.7 billion less than earlier projections—thanks to recalibrations based on market forecasts—it still underscores Samsung’s strong commitment to expanding its footprint in America.

Meanwhile, Texas Instruments stands to receive up to $1.61 billion, fueling its pledge of over $18 billion through 2029. The company aims to build two factories in Texas and one in Utah, collectively expected to bring roughly 2,000 manufacturing jobs to U.S. soil. Company representatives have emphasized that these new facilities are poised to produce semiconductors critical for automotive electronics, industrial systems, and consumer products.

Amkor Technology, a leader in semiconductor packaging and testing, clinches $407 million to establish a cutting-edge facility in Arizona. Once operational, the site is projected to handle millions of chips for autonomous vehicles, advanced telecommunications (5G/6G), and data center infrastructure. Notably, tech giant Apple is slated to be Amkor’s first major customer, leveraging Arizona-made chips from a nearby TSMC plant.

All of these developments fit neatly into a broader $39 billion plan passed by Congress in August 2022. With the goal of shoring up domestic semiconductor manufacturing, legislators have stressed the importance of mitigating supply-chain vulnerabilities and reducing overreliance on foreign suppliers. The country’s new status as host to all five leading-edge semiconductor manufacturers marks a turning point—one that many experts believe will have far-reaching effects on national security, innovation, and job creation.

Whether it’s for defense, consumer tech, or automotive applications, semiconductors are now essential to almost every facet of daily life. By securing major commitments from Samsung, Texas Instruments, and Amkor, the U.S. is taking a bold step to ensure that it remains at the forefront of the global tech race. It’s a vision shared by Commerce Secretary Raimondo, who concluded, “This is about more than just chips on American soil—it’s about securing our future in an increasingly interconnected world”.