Samsung, the latest company to make a big investment in chip manufacturing here in the United States,

according to the Wall Street Journal, it plans to double its total semiconductor investment in Texas

to $44 billion.

Taiwan Semi also working on a major chip manufacturing hub

in the US seems to be good news for the Biden administration which is

spending a lot of energy and money to revitalize US.S. chip production.

Intel receiving a big chunk of government funds as part of the Chips Act,

but Intel's stock fell sharply earlier this week after reporting

that its Foundry Unit lost 7 billion dollars last year.

There's a really key differentiator here.

Intel is an American company.

Samsung is a South Korean company.

TSMC is a Taiwanese company.

This is now an issue of national security, right?

Chips are going to be the most important things.

So you need to manufacture them here.

You can't just manufacture them all in Asia, but it does raise the question.

Intel has to come out of nowhere and build a foundry business.

T.S.M.C. Samsung, Samsung, they've got a lot of experience.

Isn't T.S.M.C.

Building in the United States? Yes, yes and Samsung so it just raises the question do you need Intel?

Yeah. How secure do you need it to be? Do you need to be an American owned company or just an American domicile.

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