Hollis Lopez, Austin Realtor

Recent business headlines suggest that Austin’s previously established international semiconductor “computer chip” presence is growing stronger. If you’re like me, you’re no expert in semiconductor chips but all you need to know is that they’re essential to all tech products from smartphones and computers to medical devices to vehicles, either in storing memory or giving critical processing power. You’ve probably heard there’s a global shortage of these chips due to pandemic supply-chain constraints.

Central Austin has been a hub for semiconductor development for decades. Companies here in Austin include NXP, Infineo, Ambiq Micro, Vorago Technologies but the industry is led by South Korea based company Samsung which has operated a semiconductor factory for the past 25 years. Samsung recently invested $17B to develop a new plant in Taylor TX, about an hour northeast of Austin. It’s the largest foreign development in Texas and is expected to start operations in 2024. This development further cements Austin as an international semiconductor powerhouse, which inevitably attracts supporting businesses to the area like Moov Technologies who connect buyers and sellers of pre-owned semiconductor equipment. Moov Tech has established a second headquarters here in Austin.

As the world becomes more and more dependent on technology, Austin and central Texas will help the world reach its supply-side goals of the microprocessor market.

Samsung land annexed by Taylor - Austin Business Journal The tiny town of Taylor just got noticeably bigger — and it ain't seen nothing yet.

A new rail station, McKalla Place located right outside of the new Q2 Austin soccer stadium, has been approved and construction will start March 2022. There's currently a station nearby the stadium located on the Red Line connecting downtown to Leander. This part of the extensive $7 billion Project Connect Plan will be another piece of infrastructure that's tying the city together.

CapMetro, Austin FC pen deal for rail station at Q2 Stadium - Austin Business Journal Here's what we know about the future rail station at Q2 Stadium in North Austin,