TSMC will invest $40 billion in the U.S. and increase semiconductor production in the country by 200%

TSMC this week began construction on an advanced facility in Arizona. Prior to the ceremony, the Taiwanese company issued a statement outlining its future plans.

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As it turned out, the manufacturer intends to build two plants at once in the United States. The first factory will appear by 2024 and will produce products made in accordance with the standards of 4-nanometer technology.

The second plant TSMC should be opened by 2026. It will launch production of 3-nanometer chips. The total volume of silicon wafers will be 60,000 pieces per month. This is three times more than was originally planned.

Of course, the volume of investment will also be increased. Initially, the Taiwanese company planned to invest $12 billion in the U.S. production, which would produce 20,000 silicon wafers per month and create 1,600 jobs. Under the updated plans, TSMC will invest $40 billion and the number of jobs will increase to 4,500.

High-ranking U.S. officials, including U.S. President Joe Biden, attended the ceremony, which marked the start of equipment installation. A few hours before the event, NVIDIA and Apple confirmed that they would become TSMC customers. Also the Taiwanese company will supply its products to AMD.

Source: Nikkei