Welcome to the Tech Meant Right Home for Monday, April 15th, 2024. I'm Brian McCullough

today really looks like high-end reshoring of chip tech is happening and happening soon.

What if satellite telephony becomes a table stakes smartphone feature?

Get ready for the Bitcoin Howthing? Does anyone have invites to air chat and get ready for 4 terabyte? Yes, 4 terabyte

SD cards. Here's what you missed today in the world of tech. The U.S. has awarded Samsung 6.4 billion dollars in Chips Act funding

saying the company plans to make two nanometer chips at its Taylor Texas plant by 2026

two years ahead of when T.S.C. is going to roll up a similar plant. Two

nanometer chips so the cutting edge top of the line manufactured here in the US in just a couple of years.

This is onshoreing we can get behind I think, quoting the Financial Times.

U.S. Commerce Secretary Gina Raimondo announced on Monday that the South Korean

shipmaker was set to produce chips at the 2 nanometer level of miniaturization at a

new fabrication plant or fab it was building in the city of Taylor in Texas.

It will be part of a $40 billion investment made by the company in capabilities ranging from

the manufacturing of microprocessors to advanced chip packaging and research and development work.

Samsung's investment will be topped up with as much as $6.4 billion in direct funding

received under the U.S. Chips and Science Act, a week after the U.S. government

announced that T.S.C. would receive up to $6.6 billion

from the flagship subsidy program to support its chip expansion in Arizona.

The first of Samsung's new Taylor-Fabs will start making two nanometer chips in 2026

according to a senior US official.

T.S.C. is set to produce two nanometer chips at an Arizona facility from 2028.

An initial $17 billion investment part of a plan an

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