In rare Austin-area semiconductor setback, Round Rock ISD declines Chapter 313 application from supplier

·5 min read
In rare Austin-area semiconductor setback, Round Rock ISD declines Chapter 313 application from supplier

The move marks one of the first setbacks for the semiconductor industry in the Austin area, which has been booming recently amid high demand and a global shortage of chips. It's unclear what the Round Rock-based company will do next but it has indicated it needs to invest almost $1 billion in an expansion and it will pour that money elsewhere if needed.