Samsung Plans to Build $17 Billion Chip Plant in Texas by 2024
TAYLOR, TX—Samsung will spend $17 billion over the next three years to build a semiconductor fab here in an effort to expand its manufacturing capacity in the U.S. at a time of a global shortage of chips.
Located near Austin, TX, the new fab will manufacture logic chips based on “advanced process technologies” used in areas such as mobile phones, 5G networks, data centers, and artificial intelligence.