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
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.
Its shares have soared since the Covid-19 pandemic began, making it Asia’s most valuable manufacturing company with a market capitalisation of US$563 billion, more than twice that of Intel’s.
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“That will give us enough manufacturing capacity to support the growth of our clients,” Wei said.
He also said the company has developed a version of its 5-nm chip making process certified for use by carmakers for advanced applications like artificial intelligence, though the new offering is unlikely to alleviate the current shortfall because the shortages are of less advanced chips.
He said TSMC’s next-generation 3-nm chip making technology remains on track to start volume production at the company’s Fab 18 plant in Tainan, Taiwan, in the second half of next year.