Business · Companies · 2 hrs ago
Samsung plans more investment at its Texas chip plant
Samsung plans to increase investment at its Taylor plant in Texas, the company said during a call about its third-quarter 2026 results.
The plant is a foundry, where chips are made for customers.
Samsung said it expects growing demand for AI and high-performance computing to drive the investment.
It also cited rising demand from its customers.
The company said it would expand investment at Taylor to respond to that demand.
The plans are aimed at increasing chip production capacity, but no investment amount or timeline was given.
Samsung Electronics said it plans to increase investment at its Taylor plant in Texas.
The company said the investment is intended to meet growing demand from the artificial intelligence and high-performance computing markets.
Samsung made the announcement during a conference call on its third-quarter 2026 results.
The company also said it plans new production infrastructure investment in its memory business to address rising AI demand.
- Who
- Samsung Electronics.
- What
- It plans to expand investment at its Taylor plant and invest in new memory production infrastructure.
- When
- October 29, 2026, during its third-quarter results conference call.
- Where
- The Taylor plant in Texas, United States.
- Why
- To respond to growth in AI and high-performance computing and to increased customer demand.
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- Company
- Samsung Electronics
- Plant
- Taylor, Texas
- Announcement date
- October 29, 2026
- Stated demand drivers
- Artificial intelligence and high-performance computing
What people are saying
Expand investment at the US Taylor plant to respond to AI and HPC demand