TSMC triples investment in Arizona chip plant to $40 billion

TSMC Invests $40 Billion in Arizona Plants


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Before TSMC's first plant in Arizona opens its doors in 2024, the company has already committed to building a second — and announced that he would spend $40 billion on it.

TSMC originally committed $12 billion to build a semiconductor manufacturing plant in Arizona in 2020, already a record-breaking investment for the company outside of Taiwan. After delays due to COVID-19 and labor shortages, TSMC expects to start production as scheduled in early 2024.

TSMC's December 6 update confirmed that the first plant in Arizona will begin production with N4 technology in 2024. and the company started building a second plant. In 2026, this plant will focus on the production of 3nm process technology.

TSMC allegedly planned to build up to six factories by 2024, but this is the first official announcement by TSMC that it will go beyond one factory. . The move from one factory to two will increase the expected total plate production to 600,000 per year.

This expansion to two factories increases TSMC's commitment from $12 billion to $40 billion in Arizona. The project is expected to create 10,000 high-paying technology jobs, including 4,500 jobs directly at TSMC.

After the completion of TSMC, Arizona aims to become the greenest semiconductor manufacturing facility in the United States, producing the most advanced semiconductor technology in the country, enabling next-generation high-performance and low-power computing products. for years to come,” said TSMC Chairman Dr. Mark Liu. “We are grateful for the ongoing collaboration that has brought us here and are excited to work with our partners in the United States to serve as a base for semiconductor innovation.”

TSMC and Apple maintain a symbiotic relationship with both companies investing heavily in each other's success. Apple special processors such as the M1 and M2 are manufactured by TSMC and development is carried out in close collaboration.

Apple CEO Tim Cook confirmed that the new factories in Arizona will supply at least part of Apple's chip supply.

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