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Taiwan chip maker TSMC has begun construction at its Arizona factory site
- TSMC’s new chip fabrication plant in Phoenix, Arizona, is on track to start volume production of advanced semiconductors from 2024
- The world’s largest contract manufacturer of semiconductors plans to build as many as six factories at the Arizona site
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Taiwan Semiconductor Manufacturing Co (TSMC) has started construction at a site in Phoenix, Arizona, where it plans to spend US$12 billion to build a chip fabrication facility, the firm’s chief executive said on Tuesday.
Speaking at TSMC’s annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, chief executive C C Wei said the planned factory remains on track to begin volume production of semiconductors using the company’s 5-nanometre production technology from 2024.
TSMC is expected to be one of several companies, including Intel Corp and Samsung Electronics, competing for some of the US$54 billion in subsidies for the chip industry that advanced in the US Senate last week.
Reuters previously reported that TSMC, the world’s largest contract manufacturer of semiconductors, plans to build as many as six factories at the Arizona site over a 10- to 15-year span.
TSMC has taken centre stage in the global supply chain equation amid a worldwide shortage of chips that is hurting industries from cars to consumer electronics.
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