TSMC evaluates Texas site, raising competition with Samsung’s Taylor fab
TSMC is scouting Sherman, Texas, for a new semiconductor production hub and has sent a due‑diligence team to assess the location. The company could invest about $45 billion to build two fabs, employ roughly 5,000 staff and start volume output by late 2029. Samsung Electronics is expanding its nearby Taylor facility and aims to begin advanced‑process production in 2027, intensifying the rivalry for customers, talent and infrastructure in the region.
Why it matters
If TSMC proceeds, Texas will host a second major U.S. manufacturing base for the firm, adding capacity that could affect global foundry supply dynamics. Samsung’s earlier ramp‑up may give it a timing edge in serving U.S. customers, while both firms will compete for scarce skilled labor and state incentives.
Key facts
- 1TSMC is seriously considering Sherman, Texas, as a candidate for a new production hub, according to local media and industry sources dated Nov. 2. businesskorea.co.kr
- 2Economic development documents describe a plan for an unnamed company to invest $45 billion, build two fabs, hire about 5,000 workers and begin mass production by the end of 2029. businesskorea.co.kr
- 3TSMC Chairman C.C. Wei confirmed on the company’s earnings call that a due‑diligence team had been dispatched to evaluate Texas sites. businesskorea.co.kr
- 4Samsung Electronics is installing key equipment at its Taylor Fab 1 and targets mass production of advanced chips for Tesla in 2027. businesskorea.co.kr
- 5Samsung plans to start construction of Fab 2 by the end of 2026, aiming for 2‑nanometer production capability by 2030. businesskorea.co.kr
- 6TSMC’s CEO C.C. Wei reiterated during the Q3 earnings call that the firm is evaluating Texas locations and has begun negotiations with the city of Sherman. mt.co.kr
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.