# King Yuan Electronics Board Approves $79.35 Million Fort Worth Property for $1.3 Billion Testing Plant

> King Yuan Electronics approved a $79.35 million Fort Worth property purchase for a $1.3 billion semiconductor testing plant that could create 630 jobs by 2031.

- Published: 2026-10-29T18:10:12+00:00
- Section: Expansion
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-29/kyec-fort-worth-semiconductor-testing-plant
- Source: [American City Business Journals](https://www.bizjournals.com/fortworth/news/2026/10/29/king-yuan-electronics-fort-worth-semiconductor.html?ana=brss_6222)

## Key takeaways

- King Yuan Electronics' board approved buying a 27-acre Fort Worth property for $79.35 million from an entity tied to ASB Real Estate Investments.
- The planned $1.3 billion testing plant could create 630 jobs by the end of 2031, according to Fort Worth's Economic Development Department.
- AeternZ Semiconductor Testing Corp., a King Yuan subsidiary, will provide testing services for NVIDIA under an October 13 advance payment agreement.

King Yuan Electronics Co. Ltd.'s board approved the $79.35 million purchase of a 27-acre Fort Worth property for its first U.S. semiconductor testing plant, a $1.3 billion investment that could create 630 jobs by the end of 2031. The American City Business Journals [reported](https://www.bizjournals.com/fortworth/news/2026/10/29/king-yuan-electronics-fort-worth-semiconductor.html?ana=brss_6222) the approval on October 29.

## KYEC's Fort Worth Property and Plant Plans

King Yuan announced the board approval in a notice posted October 29 with the Taiwan Stock Exchange Corp. The notice covers the acquisition of the site at 273 W. Everman Pkwy. along with funding for equipment and a clean room facility. The seller is Everman Fort Worth Building 2&3 SPE LLC, an entity connected to ASB Real Estate Investments, according to the company notice and county records.

Jacey Jetton, CEO of consultant Jetton Solutions, said by email that King Yuan has closed on the property, though Tarrant County deeds do not yet show the transaction. New deed records can take a few days to appear in the database.

King Yuan is the parent of AeternZ Semiconductor Testing Corp., which Fort Worth Business Journal reported earlier in October was considering the city for a major investment. AeternZ will test semiconductors for [NVIDIA](https://akta.pro/company-profiles/000000q/nvidia), according to an October 13 company notice about an advance payment agreement between the two companies. The city said AeternZ would conduct research and development and testing for chips used in next-generation GPUs and super chips.

Robert Allen, president and CEO of the Fort Worth Economic Development Partnership, said the deal builds on recent economic momentum. "This is a community that builds some of the most advanced technology in the world," Allen said. "In this case, we're going to be testing some of the most advanced technology in the world."

## NVIDIA's Scale Behind the Fort Worth Project

NVIDIA is a publicly traded full-stack AI computing platform company founded in 1993 and headquartered in Santa Clara, according to akta.pro [company records](https://akta.pro/company-data). The same records list first-quarter fiscal 2027 revenue of $81.6 billion, up 85% year over year, and data center revenue of $75.2 billion, up 92%. NVIDIA's second-quarter fiscal 2027 guidance is about $91.7 billion.

## Earlier NVIDIA Moves This Year

NVIDIA acquired AI inference chip startup Groq for $20 billion in January 2026, according to the same records. In December 2025 it acquired SchedMD, the developer of Slurm workload management software used on about 60% of the world's supercomputers. In June 2026 NVIDIA issued $25 billion in high-grade bonds to expand liquidity and fund a 2,400% dividend increase.

## What Comes Next for the Fort Worth Site

The Fort Worth plant is an estimated $1.3 billion investment that could create 630 jobs by the end of 2031, according to the city's Economic Development Department. The city estimates it would be the largest investment to date in the I-35W South corridor. Wistron Corp. opened two supercomputer manufacturing plants worth $761 million in the AllianceTexas this year as part of a partnership with NVIDIA.

## Companies in this story

- [NVIDIA company profile](https://akta.pro/company-profiles/000000q/nvidia) · website: https://www.nvidia.com

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