TSMC's decision to build a new U.S. chip plant comes as President Donald Trump's administration continues to scrutinize the global technology supply chain upon which American firms rely on.
said on Friday it will build a semiconductor facility in Arizona, as concerns grow in Washington about the security of the technology supply chain which is largely centered in Asia.
Total spending on the project will be $12 billion with TSMC claiming it will directly create 1,600 jobs. Construction is planned to start in 2021 on what would be TSMC's second manufacturing site in the U.S. The factory will be focused on producing so-called 5-nanometer chips, the latest in semiconductor technology being manufactured today.
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How A Tiny Battery (Thanks Apple!) Built A New $1.9 Billion FortuneI joined Forbes as the European News Editor and will be working with the London newsroom to define our coverage of emerging businesses and leaders across the UK and Europe. Prior to joining Forbes, I worked for the news agency Storyful as its Asia Editor working from its Hong Kong bureau, and as a Senior Editor in London, where I reported on breaking news stories from around the world, with a special focus on how misinformation and disinformation spreads on social media platforms. I started my career in London as a financial journalist with Citywire and my work has appeared in the BBC, Sunday Times, and many more UK publications. Email me story ideas, or tips, to iain.martinforbes.com, or Twitter _iainmartin.
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