WASHINGTON — The Biden administration and the state’s top Republicans don't publicly agree on much about what’s happening in Texas. But in the outskirts of Austin, there’s development they’re all eager to tout.
The technology giant Samsung announced plans last year to build a $17 billion semiconductor factory in Taylor. And last week, the South Korean technology giant filed paperwork with the state suggesting it could build 11 chip-making facilities in the Austin area over the next two decades.
The announcement comes as President Joe Biden and Congress are eager to grow the domestic semiconductor industry, with the backing of Texas leaders who see their state as a prime beneficiary. Semiconductors are computer chips that help power modern technologies, such as cellphones and cars. The manufacturing industry continues to grow. In addition to Samsung’s expansion plans, last year Dallas-based Texas Instruments announced a $30 billion investment to build new plants in Sherman.