As Congress gets ready to approve $52B to subsidize expanded US semiconductor manufacturing and research, Samsung has unveiled plans to build 11 new chip fabs in Texas, a potential investment of $191B.
The South Korea-based electronics conglomerate, the world leader in semiconductor manufacturing, announced it is planning to add two chip fabs to its semiconductor complex in Austin and nine more chip plants to its complex in Taylor, TX, where Samsung currently is preparing to build an advanced semiconductor facility for $17B.
In a Chapter 313 application to the state of Texas—the first step in a long-term planning process that would result in the state issuing tax breaks for the projects—Samsung said the first of the 11 new plants would be operational by 2034.
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