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Tuesday, November 23, 2021

It's Confirmed: Samsung Will Be Building A Second Chip Plant In Texas; $17 Billion Plant In Taylor Texas -- November 23, 2021

Link here, two hours old: Samsung confirms site near Taylor for $17 billion chip plant.

  • largest foreign direct investment in Texas on record
  • "Silicon Valley, Texas": north side of Austin, north to Round Rock; 30-mile stretch on I-35
    • Taylor is a 30-minute drive to the east of Round Rock on US-79
    • location on southwest side of Taylor, near intersection of US-79 and County Road 401;
  • Samsung has one chip plant in the US: Austin, TX; this second one will be about an hour northeast
    • Samsung said it was considering locations in New York (very, very unlikely) and Arizona (very, very possible)
  • should be operational by 2H24
    • would employ more than 2,000 people
    • construction to begin 1H22

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