Taiwan Semiconductor Manufacturing Company finally announced today its intention to build a new Arizona factory. This factory will focus on manufacturing advanced 5nm chipsets. Construction is slated to begin in 20201 and production could begin in 2024.
A new TSMC factory will come to Arizona. This plant will be able to supply around 20,000 chipsets with 5 nm processes. This is expected to happen until 2024 after the blueprints for 2021 have been set. This operation can cost around $ 12 billion from 2021 to 2029, which includes investments. This new facility will also create over 1,600 jobs for high-tech professionals. TSMC already has factories in other US states, but the Arizona facility would become the second largest. This will also help Apple avoid possible taxes as the TSMC produces Apple's A-series chips that we find in iPhones and iPads.