The Taylor factory is expected to serve as an advanced chip-making facility for Samsung’s contract-manufacturing operations that make semiconductors designed by other firms. Such high-end manufacturing is attracting the bulk of semiconductor industry investment. The types of chips with the longest backlogs tend to be lower-priced and haven’t been the focus for massive expansion.
I don't foresee any real relief to the massive chip shortage we are currently facing. As the article notes, the chips with the longest backlog are not the focus of expansion. And rightly so, building a new factory to produce legacy chips is not a sound investment. The need for legacy chips for everything from automobiles to general consumer products will likely have to simply level out over time as demand and supply comes back into alignment. What do they call it? "Market Correction" 🤷♂️