Alright, so rumor has it that Samsung’s about to drop some big news on us, investing a bunch of cash in the US. Trump kinda let it slip while chit-chatting about trade deals with South Korea, so here we are.
Samsung’s Big Fat US Investment Announcement—Or Something Like It
So, the Trump team is busy wrapping up trade talks with countries like India, Japan, and, you guessed it, South Korea. The gist? Get those foreign companies to pump money into the US. It’s like Apple, TSMC, SoftBank, and the gang all over again. And Samsung, well, it seems they’re the next to join the club. Trump’s probably signing papers or whatever with Samsung soon, according to The Korea Herald—I think?
Word on the street is Samsung’s building something big over here because of, you know, the whole tariff thing. No tariffs? No big fancy factories. That’s what folks are saying anyway.
Even Samsung, who—oddly enough—wasn’t name-dropped, but apparently, they’ve got a big ol’ plant in the works. Tariffs, man. What a motivator.
Apparently, Trump’s administration is all about those companies making big investments here, and next up is Samsung. They’re thinking of beefing up their spots in Austin and Texas, adding like 10,000 jobs. They’ve got this project in Taylor, Texas, and by the end of 2027, that’s supposed to kick off, churning out snazzy tech like the 2nm nodes. Exciting stuff, especially for firms like NVIDIA drooling over it.
There’s also talk about Samsung shifting their appliance and TV production elsewhere. Their latest earnings chat mentioned this, so if Samsung and Trump shake on a deal, that’s likely part of it. We might hear more once they iron out this South Korea trade thing—maybe next week. Or not, who knows.
