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OpenAI’s Sam Altman Urges U.S. to Expand Chips Act Tax Credit for AI Development

OpenAI CEO Sam Altman on Friday called for the United States to broaden eligibility under the Chips Act’s Advanced Manufacturing Investment Credit (AMIC), arguing that expanding the incentive to include AI data centers, server production, and grid infrastructure is essential for maintaining U.S. leadership in artificial intelligence.

Altman’s comments follow a letter sent by OpenAI’s Chief Global Affairs Officer Chris Lehane on October 27 to White House Office of Science and Technology Policy Director Michael Kratsios, formally requesting that the AMIC cover AI infrastructure beyond semiconductor fabrication.

“The U.S. needs re-industrialization across the entire stack — fabs, turbines, transformers, steel, and much more,” Altman said on X (formerly Twitter). “That will help everyone in our industry, and other industries, including us.”

Altman emphasized that the request was “very different from loan guarantees to OpenAI,” clarifying that the company is not seeking direct federal funding for its operations. Earlier this week, he confirmed that OpenAI had discussed potential federal loan guarantees for chip factory construction, but not for data centers.

OpenAI has pledged to invest $1.4 trillion over the next eight years to expand its computational infrastructure, reflecting the skyrocketing demand for AI models and chips that power applications like ChatGPT.

As AI becomes a cornerstone of global technology competition, the Biden administration faces growing pressure to balance industrial policy and fiscal discipline. White House AI and crypto czar David Sacks recently reiterated that there will be no federal bailout for AI companies, underscoring Washington’s cautious stance despite mounting private-sector investment.

Samsung Electronics Appoints New Head of Key Business Support Office

Samsung Electronics has appointed HK Park as the new head of its Business Support Office, the company’s central decision-making body that serves as a key coordination hub for chairman Jay Y. Lee and Samsung Group’s vast network of affiliates.

The unit, recently upgraded from a task force into a full-fledged office, functions as a strategic control tower across South Korea’s largest conglomerate, whose businesses span semiconductors, smartphones, shipbuilding, and pharmaceuticals.

Park, a former chief financial officer (CFO) at Samsung Electronics, joined the Business Support Task Force a year ago before being promoted to lead it. His appointment marks the first major leadership reshuffle since the office’s formation, following Samsung’s 2017 decision to dissolve its previous corporate nerve center after it became embroiled in a high-profile graft scandal.

Park replaces Chung Hyun-ho, who will now serve as an advisor to Chairman Jay Y. Lee. According to Samsung, Vice Chairman Chung, 65, “expressed his intention to step down from management to focus on nurturing future leaders, as Samsung’s business has been back on track.”

The company also said it has no plans to expand personnel at the Business Support Office at this time.

The leadership change underscores Samsung’s efforts to streamline its internal governance while maintaining close coordination across its many divisions — from memory chips and displays to consumer electronics — at a time of intense global competition and rapid AI-driven transformation.

Nexperia China Says It Has Ample Inventories After Dutch Parent Halts Wafer Supplies

Nexperia’s China division said on Sunday it has built up sufficient inventories and secured its supply chain after the Dutch parent company suspended wafer shipments to its Chinese assembly facilities. The unit assured customers that production and deliveries would continue as planned despite the disruption.

The Dutch chipmaker halted wafer supplies on October 26, citing what it called the Chinese unit’s failure to comply with agreed payment terms. Nexperia China, however, rejected the accusation, calling the move “unilateral” and “extremely irresponsible,” and describing the payment-related claims as “misleading and highly deceptive.”

The dispute follows months of political tension after Dutch authorities took control of Nexperia from its Chinese owner, Wingtech, in September over national security concerns about potential technology transfers. In response, Beijing temporarily blocked the company’s products from being exported.

Nexperia China said it has “proactively initiated contingency plans” and is working to qualify new wafer suppliers, adding that existing inventories would sustain production “through year-end and beyond.” The company expects to meet full customer demand starting next year.

Nexperia produces inexpensive but essential power-control chips — such as transistors and diodes — widely used across consumer electronics and the automotive industry. Automakers have warned that any prolonged supply disruption could affect production.