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Samsung is reportedly considering spending $10 billion to build a new chip manufacturing plant in Texas. This is according to sources with Bloomberg, which noted that the investment could help the Korean electronics giant catch up with the world’s most successful and cutting-edge semiconductor manufacturing company, TSMC.
“The world’s largest memory chip and smartphone maker is in discussions to locate a facility in Austin, Texas, capable of fabricating chips as advanced as 3 nanometers in the future,” Bloomberg’s sources said. “Plans are preliminary and subject to change but for now the aim is to kick off construction this year, install major equipment from 2022, then begin operations as early as 2023.”
“If Samsung...
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