$45 billion Texas plant plan, targeting production in Q4 2029

A proposed $45 billion investment would build two advanced semiconductor plants in Texas, with production targeted for the fourth quarter of 2029, according to state development documents reported by BusinessKorea and ABMedia. The filing does not name the investor and includes a plan to employ about 5,000 workers, a projected figure rather than existing hires. Sherman, Texas, has been floated as a candidate site, but no final location has been chosen, and both the investment amount and timeline remain proposals. The scale matters because it would rank among the largest chip manufacturing commitments in the U.S., though it is not yet an approved expenditure comparable to TSMC's disclosed outlays. What to watch next is formal confirmation of the investor's identity, a final site selection and whether the 2029 production target holds.