SemiconductorsTSMC to triple U.S. chip investment to $40bn to serve Apple, others
President Biden hails manufacturing revival in America
TSMC is building a multibillion-dollar facility in Phoenix, Arizona, to produce cutting-edge chips for U.S. clients. (Photo courtesy of TSMC)
CHENG TING-FANG, Nikkei Asia chief tech correspondent
December 6, 2022 19:00 JST
Updated on December 7, 2022 09:53 JST
PHOENIX, U.S. -- Taiwan Semiconductor Manufacturing Co. is to more than triple its investment in the U.S. to $40 billion and bring the world's most advanced chip production technology to the country by 2026, in a victory for Washington's push to onshore vital parts of the semiconductor supply chain.