(The Center Square) – Another multi-million-dollar grant has been awarded to a multi-billion-dollar company in Texas through the Texas Semiconductor Innovation Fund.

The latest is a $250 million TSIF grant awarded to Samsung Austin Semiconductor, LLC for its semiconductor fabrication facility in Taylor. Samsung Electronics has three semiconductor fab facilities in Texas; two are in Austin and one is in Taylor.

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Samsung says it’s making a capital investment of more than $4.73 billion into the Taylor facility. It’s “part of an onshoring strategy and transition to the manufacture

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