Hello from ALEX Labs. Samsung Semiconductor considering investing $10B in North Austin to compete with rival plan to build $12B chip plant in Arizona
From:
| Bloomburb “Samsung is said to consider 10 Billion Texas Chipmaking Plant”: https://www.bloomberg.com/news/articles/2021-01-22/samsung-is-said-to-consider-10-billion-texas-chipmaking-plant |
BLOOMBURB ON SAMSUNG POTENTIAL $10B AUSTIN PLANT
“…If Samsung goes ahead, it would effectively go head-to-head on American soil with TSMC, which is on track to build its own $12 billion chip plant in Arizona by 2024. Samsung is trying to catch TSMC in the so-called foundry business of making chips for the world’s corporations — a particularly pivotal capability given a deepening shortage of semiconductors in recent weeks…
…The world’s largest memory chip and smartphone maker is in discussions to locate a facility in Austin, Texas, capable of fabricating chips as advanced as 3 nanometers in the future, people familiar with the matter said. Plans are preliminary and subject to change but for now the aim is to kick off construction this year, install major equipment from 2022, then begin operations as early as 2023, they said. While the investment amount could fluctuate, Samsung’s plans would mean upwards of $10 billion to bankroll the project, one of the people said.”
ALEX LABS’ PERSPECTIVES
ALEX Labs expects this to further escalate the already red hot North Austin, Williamson County and Llano County real estate markets. ALEX.realestate serves these three areas through:
ALEX Austin
ALEX Georgetown (serving Williamson County and surrounding areas)
ALEX Horseshoe Bay (serving Burnet and Llano County and surrounding areas)
As more of the workforce migrates to telecommuting, ALEX Labs projects this will fuel additional investments in the Texas Hill Country served by ALEX Fredericksburg and ALEX Horseshoe Bay.
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