It looks like Samsung will be building a $17 billion fab. This is part of Samsung's plan to invest more than $205 billion over the next 3 years with chip-making a priority.
The announcement is expected at a Tuesday event to be attended by Texas Gov. Greg Abbott, sources say.
The South Korean conglomerate plans to increase investments by a third to more than $205 billion over the next three years, as it races for leadership in chip making and a bigger role in Covid-19 vaccine production.