this post was submitted on 09 Apr 2024
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US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say (www.reuters.com)
submitted 7 months ago by Xatolos@reddthat.com to c/technology@lemmy.world
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[–] thedevisinthedetails@programming.dev 2 points 7 months ago

They'll make a new entity that extracts most of the profit while the production facility operates at cost or even a loss. Jurisdiction shopping is a thing even within the US.