TSMC Planning Advanced Chip Production in Arizona, Says Company’s Founder

TSMC Planning Advanced Chip Production in Arizona, Says Company’s Founder
Taiwan's APEC representative and TSMC founder Morris Chang speaks at a news conference after his return to Taipei, Taiwan, on Nov. 21, 2022. Ann Wang/Reuters
Reuters
Updated:

TAIPEI—Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalized yet, the company’s founder Morris Chang said on Monday.

Taiwan Semiconductor Manufacturing Co Ltd. (TSMC), a major Apple Inc. supplier and the world’s largest contract chipmaker, is constructing a $12 billion plant in Arizona.