Samsung is considering spending over $10 billion to build an advanced new logic chipmaking plant in Austin, Texas, Bloomberg is reporting. The plant may be capable of making processors as advanced as 3nm, and would be Samsung’s third worldwide to use extreme ultraviolet lithography technology in its chip production. If the plans go ahead, construction at the plant could begin this year, with operations commencing as soon as 2023.
An advanced US-based Samsung fabrication plant could provide Samsung a foothold in getting new contracts from US customers amidst ongoing trade tensions between the US and China. The move would