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Semiconductors

Intel breaks ground on $20bn Arizona chip plants in battle with TSMC

U.S. fabs will add capacity in bid to lure customers from Taiwanese rival

Intel's Chandler, Arizona, campus will house a total of six fabs once the two new chip pants become fully operational in 2024. (Photo courtesy of Intel) 

PALO ALTO, U.S. -- Intel broke ground Friday on two chip plants in the U.S. state of Arizona as it steps up competition with Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, while Washington pushes for a stronger American semiconductor industry.

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