Get the latest tech news

Samsung's Texas chip plant is reportedly delayed due to lack of customers

According to Nikkei Asia, the company is in no hurry to install equipment in the facility due to the lack of clients and even though the facility is over 90 percent done.

When the Biden administration announced that it was giving Samsung up to $6.4 billion in grants as part of the CHIPS Act funding, the company said that the money was going to be spent finishing up the campus in Taylor. Last year, Reuters reported that Samsung had delayed the deliveries of advanced-chipmaking equipment from ASML to its Taylor facility, since it had yet to sign up any major customer for the plant. While Samsung has assured Nikkei Asia that it's still planning to open the fab in 2026, analysts previously called that into question seeing as it has yet to land volume clients.

Get the Android app