https://wccftech.com/samsung-invest-10-billion-for-3nm-chip-facility/

With Samsung’s 5nm EUV chip production currently underway, the Korean giant will want to one-up TSMC with an advanced manufacturing process. The company is reported to skip the 4nm node altogether and directly jump from 5nm to 3nm. However, to bring its plan to fruition, some serious investment is needed. It turns out Samsung may already be eyeing that; in the form of a $10 billion chip development facility in Austin, Texas.

The location for the $10 billion 3nm chip facility is a peculiar one. It’s the same city where Samsung abandoned in-house development of its custom cores, and it looks to be the place where the company wants to take on TSMC in the chip business. Unfortunately, Samsung could already be trailing behind its biggest rival, as TSMC has reportedly invested $20 billion for its 3nm chip facility.