The world’s biggest chipmaker, Taiwan Semiconductor Manufacturing Co, has agreed to make its most advanced products in Arizona from 2028, in a boost to the Biden administration’s efforts to bring the semiconductor supply chain on to home soil.
TSMC will make the latest cutting-edge 2-nanometre chips in a second fabrication plant, or fab, it is building in Phoenix, marking an upgrade from its previous plans.
It will also increase its investment in the US from $40bn to $65bn to build a third fab, with 2nm or even more advanced technology, that will be operational by 2030.
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