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TSMC Plans Advanced $12bn Chip Plant in Arizona – WSJ

The cutting-edge semiconductor plant will be capable of making advanced 3-nanometre computer chips, the Wall Street Journal said

TSMC has said hiring for its new US plants is on track despite some criticism on a hiring website.
TSMC expects the surge in demand for AI and data centre chips to make up for a dip in demand for chips for smartphones and autos. File photo: Reuters.


Taiwan Semiconductor Manufacturing Co Ltd is planning a new multibillion-dollar investment in a factory in the US, the Wall Street Journal reported.

The Taiwanese chip giant – the world’s largest chipmaker – will build a cutting-edge semiconductor plant to make 3nanometre chips in northern Phoenix, Arizona, according to the report, which said it would cost the world’s biggest chipmaker about $12 billion.

The United States has been encouraging foreign tech firms to manufacture in the country and also vigorously supporting local research, development and manufacturing after passing its CHIPS Act.

Read the full report: Wall Street Journal.



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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


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