Bloomberg: Samsung delays mass production at its $17B fab in Taylor, Texas, without specifying a start date; TSMC also postponed production at its new Arizona fab, to 2025  —  – TSMC has also postponed production at Arizona fab to 2025  — US chip ambition is plagued by permit and subsidy issues Lees verder op Tech Meme

Steven Scheer / Reuters: Israel agrees to give Intel a $3.2B grant for a $25B chip plant that the company plans to build in Kiryat Gat, set to open in 2028 and operate through 2035  —  Israel’s government agreed to give Intel Corp (INTC.O) a $3.2 billion grant for new $25 billion chip plant it plans to build in southern Israel, both sides said on Tuesday. Lees verder op Tech Meme

New York Times: A legal dispute about a BTC mine in a Texas town of 281 reveals how Chinese nationals use Tether to move money to the US without drawing authorities’ attention  —  A legal dispute in a tiny Texas town unexpectedly reveals how Chinese nationals can move money to the U.S. without drawing the attention of authorities in either country. Lees verder op Tech Meme

The Information: Sources: Reddit expects 2023 ad revenue to grow 20%+ YoY to slightly over $800M; a source says Reddit was not profitable through the first nine months of 2023  —  If the market for initial public offerings recovers in the new year, one company that aims to go public early on is Reddit. Lees verder op Tech Meme

Yueqi Yang / Bloomberg: Filing: Grayscale Investments, which runs the world’s largest BTC trust, says Barry Silbert resigned as chair, succeeded by Mark Shifke, and doesn’t explain why  —  Grayscale Investments, operator of the world’s largest cryptocurrency trust, said Barry Silbert has resigned as chairman and will be succeeded by Mark Shifke. Lees verder op Tech Meme