Article

2022-11-10 Economy

World's Top Chipmaker To Build Another US Plant In Arizona

[ZERO] Currently, US semiconductors are a measly 10% of global production. Most chips are produced in Asia, particularly South Korea and Taiwan, and the Biden administration has pushed the Chips and Science Act to boost development and production domestically.

The CHIPS Act earmarks $52 billion to revert a decades-long trend of US production shifting abroad to low-cost labor regions. There was evidence some of this production is being reshored, according to a WSJ report, revealing Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, is laying the groundwork for a second US factory in Arizona.

People familiar with the plans told WSJ that TSMC would soon announce one of the most advanced semiconductor plants just north of Phoenix, Arizona, next to another one of its chip factories. They said the investment in the new plant could be upwards of $12 billion, similar to what was committed in 2020 to build the factory beside it.

Posted by Besoeker 2022-11-10 01:15|| || Front Page|| [11140 views ] Top

#1 TSMC is migrating. The Chinese may wish to act sooner than later.

Posted by Besoeker 2022-11-10 07:04|| 2022-11-10 07:04|| Front Page Top

#2 Why Arizona? I understand why not California but what does Arizona offer?

Posted by ruprecht 2022-11-10 11:43|| 2022-11-10 11:43|| Front Page Top

#3 Intel fabs. So a lot of fab infrastructure and trained workers.

Posted by Shamp Snurt3261 2022-11-10 18:16|| 2022-11-10 18:16|| Front Page Top

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