TSMC may soon announce plans for a US factory

TSMC may soon announce plans for a US factory

According to a new Wall Street Journal report, the TSMC could soon announce its project to build a billion-dollar manufacturing facility in Arizona. The company may be in negotiations and it appears the announcement could take place this week.

Taiwan Semiconductor Manufacturing Company is responsible for manufacturing Apple's A-series chips. These chips can be found on the iPhone and iPad and are also expected in future Macs.

“TSMC is expected to announce plans on Friday after the decision was made at a Tuesday board meeting in Taiwan. for people who are familiar with the matter. The factory could produce chips by the end of 2023 at the earliest, they said, adding that both the Ministry and the Department of Commerce are involved in the plans. "

" Politically, the announcement could be a victory for President Trump, who is committed to building businesses in the United States. He also tried to ensure that the Republicans keep their majority in the US Senate. Arizona Senator Martha McSally is one of the Republicans facing a major challenge in the November election. "

" We shouldn't have supply chains. We should all have them in the United States, "the president told Fox Business on Thursday as he talked about production during the pandemic." Apple Inc., one of its largest customers, has been building a chip factory in the United States for some time, but talks have recently gained momentum as people familiar with the matter raised concerns about the fragility of the Asian supply chain. “

Source 9to5Mac

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