Samsung invests $22.8m in Texas workforce as TSMC eyes entry

What happened: Samsung Austin Semiconductor is committing more than $22.8 million to workforce development and community programs in Central Texas, unveiling technical training and internship programs as TSMC evaluates Texas as a potential plant location. Key numbers: $22.84 million total Why it matters: TSMC's potential arrival could intensify competition for engineers, technicians and skilled tradespeople in a region already facing demand from Samsung's expansion, and securing skilled workers is emerging as the next battleground for global chipmakers as US fab investment accelerates.

Samsung Austin Semiconductor is committing more than $22.8 million to workforce development and community programs in Central Texas, unveiling technical training and internship programs as TSMC evaluates Texas as a potential plant location.

TSMC's potential arrival could intensify competition for engineers, technicians and skilled tradespeople in a region already facing demand from Samsung's expansion, and securing skilled workers is emerging as the next battleground for global chipmakers as US fab investment accelerates.