Samsung planning a 3nm fab in Texas

Posted on Friday, Jan 22 2021 @ 16:28 CET by Thomas De Maesschalck
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Rumors are spreading that Samsung is evaluating a massive investment in Texas. The South Korean giant is allegedly planning to build a facility in Austin, Texas. People familiar with Samsung's plans told Bloomberg that the plant would be an over $10 billion investment and that it would be capable of making chips as advanced as 3nm with extreme ultraviolet (EUV) technology. If the project is, construction could start later this year. The timeline points to the installation of major equipment in from 2022 and a start of operation as early as 2023.
To close a deal, Samsung may need time to negotiate potential incentives with President Joe Biden’s administration. The company has hired people in Washington D.C. to lobby on behalf of the deal and is ready to go ahead with the new administration in place, the people said. Tax benefits and subsidies will ease Samsung’s financial burden, but the company may go ahead even without major incentives, one of the people said.
TSMC, world's leading semiconductor foundry, plans to build a $12 billion fab in Arizona by 2024.

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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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