Chip shortages drive expansion

Chip shortages drive expansion

Samsung considers four sites in U.S. for $17 billion chip plant.

  • #Samsung Electronics is considering two sites in Arizona and another one in New York in addition to Austin, Texas, for a new $17 billion chip plant, according to documents filed with Texas state officials.
  • Over the past decade, #Bitcoin has put increased stress on the grid of China’s Inner Mongolia. Now, officials have announced plans to ban new #cryptocurrency mining ventures and end existing activity.
  • China powered its way out of the coronavirus lockdown of 2020, becoming the only major economy in the world to grow last year, and its share of global output increased at the fastest pace in decades.

The information presented herein is prepared by CAPEX.com and does not intend to constitute Investment Advice. The information herein is provided as a general marketing communication for information purposes only and as such it has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is not subject to any prohibition on dealing ahead of the dissemination of investment research.

Users/readers should not rely solely on the information presented herewith and should do their own research/analysis by also reading the actual underlying research. The content herewith is generic and does not take into consideration individual personal circumstances, investment experience or current financial situation.

Therefore, Key Way Investments Ltd shall not accept any responsibility for any losses of traders due to the use and the content of the information presented herein. Past performance is not a reliable indicator of future results.