News Analysis
A Taiwanese chipmaking giant is doubling down on a sprawling factory it’s building north of Phoenix, adding to a wave of Asian investment that is boosting employment in the resurgent U.S. manufacturing sector.
Taiwan Semiconductor Manufacturing Company (TSMC), Apple’s exclusive chip supplier, aims to make silicon chips using its advanced 5-nanometer production process at the 1,129-acre site in Arizona. TSMC founder Morris Chang revealed at a news conference on Nov. 21 that the company was working on plans for a second fabrication facility that will crank out even faster 3-nanometer chips.
Scheduled to be operational in 2024, TSMC’s campus is expected to create 1,900 high-tech jobs and support thousands more for suppliers and vendors. Apple is getting ready to source chips for its devices from the Arizona plant, Bloomberg reported this month, lessening its reliance on TSMC’s plants in Taiwan….