Samsung Reportedly Planning $10 Billion Investment to Build "3nm" Fab in Austin, Texas
takyon writes:
Report: Samsung may build $10 billion advanced chipmaking plant in Austin
Samsung could build a $10 billion advanced logic chipmaking plant in Austin, according to media reports, potentially adding to the company's existing multibillion-dollar facilities in Central Texas.
If it happens, the Samsung expansion would add to a series of recent stunning wins for Austin's technology sector. In just the past six months, Austin saw electric automaker Tesla pick it as the site for a $1 billion assembly facility and software giant Oracle move its corporate headquarters to Austin.
Citing people familiar with the plans, Bloomberg news service reported that Samsung is considering spending more than $10 billion on the plant, which could be Samsung's most advanced yet. The report said that the final investment amount could fluctuate.
[...] According to the Bloomberg report, the new Samsung facility would be potentially capable of fabricating chips as advanced as 3 nanometers. Construction could start as early as this year, with major equipment added in 2022, and operations as early as 2023.
Also at Bloomberg, The Verge, and Notebookcheck.
Related: Washington in Talks with Chipmakers about Building U.S. Factories
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