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Commentary: Subsidizing companies is problematic for city growth

Commentary: Subsidizing companies is problematic for city growth Nathan Jensen, For the Express-News Feb. 22, 2021 FacebookTwitterEmail 1of2 If the city of Austin and Travis County consider grant Samsung taxpayer incentives, they’ll be violating the very spirit of the hard reforms they’ve made to limit cash handouts to large corporations.Ralph Barrera /Associated PressShow MoreShow Less 2of2 State programs such as the Texas Enterprise Fund have been willing to bend the rules for major companies. And many cities across the state don’t even list the incentives they have given to companies.Jay Janner /Austin American-StatesmanShow MoreShow Less Already a major presence in the Austin area, Samsung has invested billions and received millions of economic development incentives through grants and tax abatements. The company is now reportedly seeking another $1 billion in taxpayer-backed incentives for its potential new $17 billion investment in Austin to build a factory that

HW News - Intel Gaming GPU, AMD Wants US Fab & More Linux, StarLink Scares ISPs

05:37 | AMD Building Linux Team In a recent report by Michael Larabel at Phoronix a site we’re happy to recommend for its Linux-specific benchmarks it was reported that AMD is growing its team of Linux developers. AMD currently has job listings for a Linux Kernel development manager, described on the AMD careers page as a mentor to a team of developers to enable design and implementation of “Linux operating system features supporting AMD CPUs.” The job lists responsibilities as including management of an engineering team “in the area of Linux kernel and KVM virtualization development.” Other job listings on AMD’s jobs page include Linux Engineering for client devices, defined as “a key engineer on our team [who] configures and tunes Linux distribution packages to take advantage of AMD technologies on customer platforms.” They say that this role would participate in planning next generation CPUs and APUs, too.

Samsung Foundry: New $17 Billion Fab in the USA by Late 2023

Samsung Foundry has filed documents with authorities in Arizona, New York, and Texas seeking to build a leading-edge semiconductor manufacturing facility in the USA. The potential fab near Austin, Texas, is expected to cost over $17 billion and to create 1,800 jobs. If everything goes as planned, it will go online by the fourth quarter of 2023. There is an intrigue about the new fab though: Samsung hasn t stated which process node it will be designed for. Could Samsung be the first to 3nm in the USA? Samsung Foundry to Expand in the USA As demand for semiconductors is increasing, Samsung Foundry and other makers of chips are expanding their manufacturing capacities. In the recent years the company made chips using its leading-edge manufacturing technologies solely in South Korea, whereas its S2 manufacturing facility in Austin, Texas, was left with 14LPP (and derivatives down to 11LPP) and older fabrication processes that are too outdated for leading edge products. When it comes t

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