Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chipmaker, will delay production at its new Arizona chip plant to 2025 due to a shortage of skilled labor.
The year-long delay comes as trade relations between Washington and Beijing, have deteriorated over the past several years.
TSMC Chairman Mark Liu broke the news to investors on a second-quarter earnings call on July 21.
Mr. Liu said that the company does not have enough skilled local workers to install advanced equipment at its new facility, in time for the official deadline.
TSMC first proposed plans to build the facility in Arizona in 2020, when former President Donald Trump was in office….