Chipmaker TSMC eyeing expansion of planned Arizona plant: Sources

By Channel NewsAsia10 days ago

TAIPEI: Taiwan Semiconductor Manufacturing Company (TSMC) is planning to build several more chipmaking factories in the USstate of Arizona beyond the one currently planned, three people familiar with the matter told Reuters.

TSMC, the world's largest contract chipmaker, announced in May 2020 that it would build a US$12 billion factory in Arizona, an apparent win by the Trump administration in its push to wrestle global tech supply chains back from China.

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TSMC is setting up a 12-inch wafer fabrication plant in Phoenix, and the facility is expected to start volume production in 2024, Taiwan's investment commission of the ministry of economic affairs, which approved the investment, said in December.

TSMC manufactures the bulk of its chips in Taiwan and has older chip facilities in China and the USstate of Washington.

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