A Taiwanese semiconductor giant is eyeing Fort Worth for a $1.3 billion chip testing plant that would become the largest electronics manufacturing operation in a city already reshaping itself as a hub for Taiwanese tech investment. Aeternz Semiconductor Testing Corp., a subsidiary of King Yuan Electronics Co., is considering a 23-acre site at 273 W. Everman Parkway, and the Fort Worth City Council is set to weigh a tax abatement for the project at its October 27 meeting.
The potential project was first detailed by Fort Worth Report, which reported that according to tax abatement documents, King Yuan Electronics plans to invest at least $1 billion in real property and another $300 million in equipment at the proposed site. The company is a supplier to NVIDIA and other semiconductor manufacturers, providing wafer probing, final product testing and assembly services for the chip industry's backend supply chain, per the same documents cited by the Fort Worth Report. If King Yuan selects Fort Worth, the plant would be the largest of several electronics manufacturing sites now clustered in the city, the outlet's report notes.
King Yuan's interest in Texas fits into a much larger corporate move. The company's board formally approved a U.S. capital investment of up to $1.4 billion, or roughly NT$44.9 billion, on July 10 to establish semiconductor chip testing operations in North America, according to DIGITIMES. King Yuan announced in June that it would invest $1.4 billion in the United States to support growth and strengthen its supply chain, as reported by Reuters. The company is a leading global pure-play Outsourced Semiconductor Assembly and Test firm, specializing in wafer probing, final integrated circuit testing, and system-level testing, according to industry research site SemiconductorX.
Why Fort Worth Keeps Landing These Deals
The proposed Everman Parkway site sits inside Fort Worth South Business Park, a Class A master-planned industrial park that offers rail access via Union Pacific along with direct highway connectivity to Interstate 35W and Interstate 20, according to a LoopNet listing for the property. That kind of logistics access has become a selling point as Taiwanese manufacturers continue clustering around the city's freight corridors.
King Yuan would not be the first Taiwanese company to bet big on Fort Worth this year. Wistron began work in July on two AI supercomputer manufacturing facilities in the city's AllianceTexas development, investing $761 million and expecting to employ more than 800 people at the plants, the Fort Worth Report's sourcing shows. The partnership with NVIDIA was celebrated at a grand opening for the 324,000-square-foot “D1” plant on July 21, according to Dallas Innovates, which reported Wistron expects to employ close to 1,000 people there by the end of the year. Hoodline previously covered the NVIDIA plant's landing in AllianceTexas.
Foxlink Group also opened its first North American plant in Fort Worth in July, expecting to create 900 jobs there, per the Fort Worth Report's reporting. That facility, a 147,780-square-foot AllianceTexas site, was described by Community Impact as Foxlink's first U.S. “AI Factory” integrating robotics into production of printed circuit boards.
State Incentives And Rare Earth Magnets Add To The Picture
Texas has been pouring money into the sector through the Texas Semiconductor Innovation Fund, created under the 2023 Texas CHIPS Act. As of Aug. 25, 2026, the fund listing showed $934,714,648 in capital investment and about $574.7 million in TSIF award offers, according to the Office of the Governor Greg Abbott. That same fund backed a $53.5 million grant toward MP Materials' $1.25 billion rare earth magnet campus in Northlake, which the governor's office says will produce magnets critical to advanced semiconductor fabrication.
AI is drawing investment in packaging and testing, while the increasing complexity of AI chips is putting a greater focus on testing.
A Tax Vote With Recent Precedent For Pushback
A Tax Vote With Recent Precedent For Pushback The Fort Worth City Council delayed a vote on a 50% tax abatement for a proposed $1.1 billion data center in March after community pushback over economic return, noise, and resource usage, as reported by KERA.
Whether King Yuan's proposed plant faces similar resistance remains to be seen, but the stakes are notable given the company's scale. Bob Francis, business editor for the Fort Worth Report, reported the details of the potential project and the city's upcoming vote.
