SCHUMER STATEMENT ON SAMSUNG’S PLANS TO BUILD A CHIP FAB IN THE U.S.

Following his previous push, Senate Majority Leader Charles E. Schumer released the following statement regarding Samsung’s announcement today confirming plans to build a new chip manufacturing plant in the United States:

Senator Schumer said, “As I’ve said before, there’s no better home for Samsung’s $17 billion U.S. semiconductor fab announced today than Western New York’s STAMP campus. STAMP is a cut above the rest with its low-cost utilities on a redundant reliable power grid, world-class WNY workforce, location within New York’s semiconductor supply chain ecosystem, and more. I am fighting to secure $52 billion in federal incentives to ensure new semiconductor fabs like this are built in New York.”

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