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By Andrea Guzmán

One of the world’s largest semiconductor companies, Micron Technology Inc., is considering the Austin area for a new plant to expand its chipmaking, the Austin Business Journal reported.

As the current global shortage of semiconductors carries on, Idaho-based Micron Technology plans to invest more than $150 billion in the coming decade to expand chipmaking capabilities. Investment in the new site is rumored to be at $40 billion, an amount that would far outpace Samsung’s.

This scouting for sites comes in the wake of a major development for chipmaking in Central Texas. In November, Samsung announced that it selected Taylor, Texas as the site of its $17 billion chipmaking facility.

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Sairam Kota

Sairam is an experienced multifamily deal sponsor and asset manager for 738 units, a key principal in 332 units and limited partner in 1000 units. He has a strong experience in asset management, property reposition, income generation, implementing operational efficiencies and cost reduction. Sairam is a licensed Real Estate Broker in the state of Texas. He is a successful IT Consultant with 20+ years of experience in corporate America.