TSMC starts work on Arizona site

Stefan Mileschin · 3rd June 2021, 07:54

$12 billion on new chip factory

TSMC has started work on a site in Arizona where it plans to spend $12 billion to build a computer chip factory.

Speaking at the company's annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, CEO C.C. Wei said the planned factory remains on track to start volume production of chips using the company's 5-nanometer production technology starting in 2024.

TSMC is expected to be one of several companies, including Intel and Samsung competing for some of the $54 billion in subsidies for the chip industry that advanced in the United States Senate last week.

The outfit plans to build as many as six factories at the Arizona site over a 10- to 15-year period. The company announced in April a $100 billion investment plan over the next three years to increase capacity at its factories. Wei reiterated that number, which will include $30 billion in spending this year, at the presentation.

https://fudzilla.com/news/52970-tsmc...n-arizona-site

3rd June 2021, 07:54	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,678	TSMC starts work on Arizona site $12 billion on new chip factory TSMC has started work on a site in Arizona where it plans to spend $12 billion to build a computer chip factory. Speaking at the company's annual technology presentation to clients and investors, held online for the second straight year because of the pandemic, CEO C.C. Wei said the planned factory remains on track to start volume production of chips using the company's 5-nanometer production technology starting in 2024. TSMC is expected to be one of several companies, including Intel and Samsung competing for some of the $54 billion in subsidies for the chip industry that advanced in the United States Senate last week. The outfit plans to build as many as six factories at the Arizona site over a 10- to 15-year period. The company announced in April a $100 billion investment plan over the next three years to increase capacity at its factories. Wei reiterated that number, which will include $30 billion in spending this year, at the presentation. https://fudzilla.com/news/52970-tsmc...n-arizona-site

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