Samsung has made significant investments in the chipmaking business at its Taylor campus in Texas. The company confirmed during its earnings call today that in order to meet rising demand, it will begin construction on a new US chip fab at the Taylor campus before the end of this year. Rising demand makes capacity expansion necessaryThis would be the second foundry fab at its Taylor, Texas campus. “We will gradually expand our 2-nanometer capacity and are preparing to break ground on our second Taylor fab by the end of this year, targeting mass production in 2030,” the company said. Tesla has inked a $16.5 billion chipmaking contract while Broadcom's latest $200 billion deal with Samsung also includes the production of advanced chips.