A New Global Player Lands in Central Texas: What ASML’s Move to Hutto Means for Austin’s Expanding Tech Corridor

Central Texas’ industrial landscape has welcomed another heavyweight.

ASML, one of Europe’s most valuable technology companies, has officially signed a new 35,000-square-foot office lease in the rapidly developing Hutto Co-Op District.

As the world’s only manufacturer of EUV lithography systems, ASML’s arrival brings 100+ high-skilled jobs to Hutto and further strengthens the emerging Austin–Taylor–Hutto semiconductor corridor.

(An international supplier has grabbed space at the Co-Op in Hutto.)

Why Hutto?

According to the announcement from the City of Hutto, ASML will occupy 32,442 square feet of office area and 2,158 square feet of rooftop terrace within a modern mixed-use office building in the Co-Op District. Designed as a vibrant urban center integrating dining, retail, office, entertainment, and residential uses, the Co-Op District is one of Hutto’s most ambitious redevelopment projects.

Even after ASML moves in, the building will still offer additional office and retail space, setting the stage for more companies to join the district.

As a global leader in advanced photolithography equipment, ASML has seen its market capitalization grow from $264 billion in 2024 to over $416 billion today. The company maintains a long-term partnership with Samsung Electronics, whose new advanced manufacturing campus in Taylor sits just 10 minutes from Hutto. Establishing a presence in Hutto enables ASML to better support key customers while enhancing the growing semiconductor supply chain presence across Central Texas.

(Samsung’s semiconductor fabrication campus in Taylor)


Citywide Impact

Hutto Mayor Mike Snyder noted that ASML’s arrival complements several major ongoing developments in the city—including the 220-acre Skybox Datacenters & Prologis data center campus and Tesla’s new operational facility in Hutto. With a fast-growing population of roughly 43,000 residents, Hutto has steadily attracted technology, manufacturing, and logistics companies, solidifying its role as a rising tech node within the Greater Austin region.

(Rendering of the Hutto Co-Op District)

The Co-Op District represents the core of Hutto’s urban transformation—reimagining former agricultural land into a modern city center with a new City Hall, library, public spaces, and multiple dining and retail options. ASML’s move also confirms the identity of the previously unnamed Fortune 500 tenant referenced by the project’s developers, bringing high-quality employment and a more mature commercial ecosystem to the area.


What This Means for Austin’s Technology Landscape

ASML’s move is more than a win for Hutto—it signals a major shift in the broader Austin innovation map.

Over the past two years:

  • Austin has anchored the region with research, design, and top-tier engineering talent

  • Taylor has emerged as the center of advanced semiconductor manufacturing

  • Hutto is increasingly taking on the role of supply-chain and technical support hub

Together, these three cities are forming a “Semiconductor Golden Triangle,” now one of the fastest-growing technology corridors in the United States.

For the greater Austin metropolitan area, this growing industrial cluster means a more diverse and resilient economy, a sustained inflow of high-quality talent, and stronger long-term fundamentals for the housing, rental, and land markets. As the semiconductor ecosystem continues expanding northward, the region is poised to benefit from years of structurally increasing demand driven by high-tech industries.