SoylentNews

takyon [soylentnews.org] writes:

Report: Samsung may build $10 billion advanced chipmaking plant in Austin [statesman.com]

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 [bloomberg.com], The Verge [theverge.com], and Notebookcheck [notebookcheck.net].

Original Submission