Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago (Jiyoung Sohn/Wall Street Journal)

Sierra Mitchell November 26, 2021

Less than a minute

Jiyoung Sohn / Wall Street Journal:

Gartner: global chip makers are projected to spend $146B this year, about 50% higher than before the pandemic and double the amount five years ago — Samsung’s $17 billion bet on Texas mirrors large spending increases in Asia and elsewhere — SEOUL—Investment in U.S. chip production is on the rise.