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Samsung Wants to Build a $17B Chip Plant in Austin, Texas

The facility will create 1,800 new jobs and be operational in 2023 if it goes ahead.

 & Matthew Humphries Former Senior Editor

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The desire to manufacture the next-generation of chips on US soil is growing it seems. Samsung is the latest company showing an interest in spending billions to building a new manufacturing facility.

As Reuters reports, Samsung filed document with Texas state officials this week outlining a project the company is considering. It would see a new chip manufacturing facility constructed in Austin, bringing with it 1,800 new jobs.

The facility would be seven million square feet (650,000 square meters) in size, but importantly for both Samsung and Austin, would use 640-acres (259-hectares) of land Samsung already owns. As Samsung already has a chip plant in operation there, it makes sense to invest and expand locally. As to what would be produced at the new facility, Samsung references "advanced logic devices" for the company's customers.

Last year, TSMC announced it was set to spend $12 billion building a new chip plant in Arizona. It will focus on using the company's 5-nanometer technology and aims to produce 20,000 semiconductor wafers a month once fully-operational in 2029. 1,600 high-tech professional jobs are also being created in the process.

Samsung won't be dragging its feet if it decides to go ahead with this new manufacturing facility in Austin. The company aims to "break ground" in the second quarter this year and believes it will be operational by the third quarter of 2023.

About Our Expert

Matthew Humphries

Matthew Humphries

Former Senior Editor

My Experience

I started working at PCMag in November 2016, covering all areas of technology and video game news. Before that I spent nearly 15 years working at Geek.com as a writer and editor. I also spent the first six years after leaving university as a professional game designer working with Disney, Games Workshop, 20th Century Fox, and Vivendi.

I hold two degrees: a Bachelor's degree in Computer Science and a Master's degree in Games Development. My first book, Make Your Own Pixel Art, is available from all good book shops.

My Areas of Expertise

  • PC components and system building
  • Raspberry Pi
  • Software development
  • Storage technology
  • Video games and gaming hardware

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