The CHIPS for America award will provide Samsung Austin, Texas up to $4.745 billion in total direct funding under the CHIPS and Science Act to support the expansion of a facility that has been an economic engine for Central Texas for nearly 30 years. This investment would expand the existing facilities to support the production of leading fully depleted silicon-on-insulator (FD-SOI) process technologies for critical U.S. industries, including aerospace, defense, and automotive. This investment also includes commitments to collaborate with the U.S. Department of Defense.