Samsung ready to announce 5nm EUV fab in Austin

Posted on Friday, May 21 2021 @ 11:09 CEST by Thomas De Maesschalck

TechPowerUp picked up news that Samsung will construct a 5nm EUV semiconductor fab in Austin, Texas. The facility will cost $18 billion and will be located close to Samsung's existing 14nm Austin factory. According to the report, an official announcement is expected later today, during a White House meeting with South Korean President Moon.

An official announcement to this effect will be made later today, when South Korean President Moon and U.S. President Biden are scheduled to hold their first Summit meeting, in Washington DC. The facility will offer third-party contract manufacturing of semiconductor chips on the 5 nanometer EUV process.

The 5nm EUV plant in Austin is expected to be operational in 2024.

Source: ETNews

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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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