Samsung expands TX Taylor plant following major AI chip orders

In a strategic move, Samsung Electronics is expanding its facility in Taylor, Texas, with the addition of a substantial 2.7 million square foot building. The decision comes as part of the company's recent foray into AI chip manufacturing deals, set to be executed at the Taylor site currently under construction.

This expansion coincides with speculation about Samsung's deferred additional investment of US$8 billion for the plant, now slated for the latter part of 2024. This delay reportedly hints at a pivot towards advancing the cutting-edge 3-nanometer manufacturing process.