Why it matters
The semiconductors context.
Semiconductor fabs are among the most capital-intensive industrial facilities ever built — typically $10–$30B per leading-edge plant — and they take 3–5 years from groundbreaking to first wafer. The CHIPS & Science Act of 2022 catalyzed a US fab-construction cycle not seen in a generation, reversing decades of offshore concentration in Taiwan, South Korea, and China. Projects of this scale anchor regional economies for 30+ years and pull tens of thousands of supply-chain jobs alongside direct employment.
Project record
At a glance
- Company
- Samsung
- Industry
- Semiconductors
- Location
- Taylor, Texas
- Investment
- $17.00B
- Expected jobs
- 2,000
- Status
- Under Construction
- Announced
- Nov 23, 2021
- Expected opening
- Jan 1, 2026
- Added to tracker
- Apr 15, 2025
Sources
Official references
- Primary source https://news.samsung.com/global/samsung-electronics-announces-new-advanced-semiconductor-fab-site-in-taylor-texas
Related
Other projects to know
In Texas
- Advanced ManufacturingNVIDIA / Foxconn (AI Supercomputer)Houston, Texas$700.0M1,500 jobs
- PharmaceuticalsEli LillyHouston, Texas$6.50B615 jobs
- Advanced ManufacturingApple / Foxconn (Server Manufacturing)Houston, Texas$500.0M1,200 jobs
- Advanced ManufacturingOpenAI / Oracle / SoftBank (Stargate)Abilene, Texas$100.00B10,000 jobs
Across Semiconductors
Back to the tracker/projects/samsung-taylor