Samsung's U.S. chip investment expected to exceed $50 billion after huge deals with Tesla and Apple

Samsung plans to significantly increase investment in the United States as the South Korean giant sees huge interest after striking deals with the likes of Tesla and Apple. Samsung played a crucial role in the recent U.S.-South Korea trade deal, under which it will make large-scale investments in the U.S. chip market.

Interestingly, the company's factory in Tyler has been under construction since CHIP Act funding started pouring in, but construction has stalled over the past few months as momentum in the Korean giant's chip business has faltered. However, according to a report by Sedaily, Samsung is rapidly increasing its investment in the United States, which may reach as much as $50 billion.

Samsung's investment in the United States fell to $37 billion last year due to pessimism about chip production. However, with the Trump administration's recent efforts to boost U.S. chip manufacturing, the South Korean giant is expected to ramp up investments, particularly in developing cutting-edge 2-nanometer production lines and dedicated advanced packaging facilities. What's more, Samsung's closer cooperation with the United States will also help the company compete with TSMC in the region.

Samsung's sudden increase in interest in the U.S. market stems largely from the company's recent commitments to Tesla and Apple. The South Korean giant is expected to develop Tesla's next-generation AI6 chip using its 2-nanometer process. More notably, Samsung has signed a contract with Apple to produce image sensors in Texas. This has allowed the company to develop relationships with U.S. tech giants, whose increasing investments have also allowed it to avoid steep chip tariffs.

The South Korean giant is expected to become the second-largest U.S. chipmaker after TSMC, which would allow it to capitalize on market hype, reduce operating losses at its foundry unit and provide companies with dual-sourcing options. According to reports, after several years of waiting, the company's flagship factory in the United States will start production in October.