Taiwan Semiconductor Manufacturing Co. – the world’s largest chipmaker – will make investments at the very least $100 billion to broaden chip manufacturing within the US. Throughout a press convention on Monday, President Donald Trump stated the funding would go towards constructing two extra chip manufacturing services 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 underneath the CHIPS Act. TSMC started producing 4-nanometer chips at its Arizona plant in January, however its future factories are anticipated to make chips utilizing “2nm or much more superior course of know-how” by the tip of the last decade, based on the corporate’s web site.
Final yr, TSMC pushed again the timeline for its second Arizona plant, saying it should 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 latest report from The New York Instances recommended that the Trump administration inspired TSMC to take over Intel’s chipmaking factories.
