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19 days ago

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Samsung is more than doubling its Texas chip investment.

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Samsung is more than doubling its Texas chip investment.

Its initial $17 billion investment in Taylor, Texas will swell to about $44 billion, according to the Wall Street Journal, as Samsung plans to build a second chip factory and a new facility for advanced packaging and R&D. An official announcement is expected on April 15th. Samsung's first Texas-based factory was expected to start production this year, though this has reportedly been delayed till 2025.

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Samsung is more than doubling its Texas chip investment.

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Samsung is more than doubling its Texas chip investment.

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