Taiwan Semiconductor Manufacturing Co. – the world’s greatest chipmaker – will make investments a minimum of $100 billion to broaden chip manufacturing within the US. Throughout a press conference on Monday, President Donald Trump stated the funding would go towards constructing two further chip manufacturing amenities in Phoenix, Arizona.
The $100 billion funding builds upon the $65 billion TSMC has already dedicated to constructing three Arizona factories, in addition to the $6.6 billion the Biden administration awarded to TSMC under the CHIPS Act. TSMC began producing 4-nanometer chips at its Arizona plant in January, however its future factories are expected to make chips utilizing “2nm or much more superior course of know-how” by the top of the last decade, in accordance with the corporate’s web site.
Final 12 months, TSMC pushed back the timeline for its second Arizona plant, saying it can open in 2027 or 2028 as a substitute of 2026.
“We’re producing probably the most superior chip made on US soil with the success of our first plant,” TSMC CEO C.C. Wei stated throughout the press convention. “We’re going to create hundreds of high-paying jobs… and produce many AI chips.” A recent report from The New York Times suggested that the Trump administration inspired TSMC to take over Intel’s chipmaking factories.
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