Samsung Electronics increases foundry investment in US and South Korea
Photo: Crypto Briefing
The chipmaker is putting more capital behind its contract manufacturing plants in Texas and Gwangju as demand for AI chips keeps climbing Samsung Electronics is putting more money into its contract chipmaking business, with fresh investment aimed at facilities in the US and South Korea. The reason is simple. Demand for chips that power artificial intelligence and high-performance computing (HPC) keeps rising, and Samsung wants enough factory capacity to meet it. The US side of the plan centers on a new foundry complex in Taylor, Texas. Samsung is investing $37 billion in the site.
Source: Crypto Briefing
