TSMC to Open Second Chip Plant in Arizona, Boosting Investment to $40 Billion

TSMC to Open Second Chip Plant in Arizona, Boosting Investment to $40 Billion
The Taiwan Semiconductor Manufacturing Co. (TSMC) headquarters in Hsinchu, Taiwan, on Oct. 20, 2021. AP Photo/Chiang Ying-ying, File
Greg Isaacson
Updated:
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The world’s largest contract chipmaker is opening a second fabrication plant in Arizona to produce advanced semiconductor technology, as the U.S. government seeks to shore up America’s chipmaking supply chain.

Taiwan Semiconductor Manufacturing Co. (TSMC), a major supplier to Apple, announced today that the second fabrication plant (or “fab”) will bring the company’s total investment in its manufacturing site north of Phoenix to $40 billion. The fab has started construction and is slated to begin production of cutting-edge 3-nanometer process technology in 2026.
Greg Isaacson
Greg Isaacson
Author
Greg Isaacson spent 7 years in China and Thailand researching and reporting on business and real estate in Asia, with a focus on commercial real estate in Chinese-speaking markets as well as outbound investment from China. He has also worked as a real estate research analyst in Chicago and a real estate reporter in New York.
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