President Joe Biden, Apple CEO Tim Cook and AMD CEO Lisa Su were on hand for the celebration.
that’s expected to create 1,500 new jobs and turn out more than 1 million silicon wafers monthly when production begins as early as 2025. Construction is expected to commence later this year.TMS plans to produce advanced semiconductors at the plants in Arizona. Its first fab will make 4-nanometer chips, rather than the 5-nanometer ones it previously announced. Its second fab will produce 3-nanometer chips, which are the most advanced ones currently on the market.
TSMC has 2-nanometer technology in development, but it plans to produce such chips at one of its fabs in Taiwan starting in 2025, according toWhen both of TSMC's Phoenix fabs are operational, they by themselves could meet the entire U.S. demand for advanced chips, White House officials said. In addition to Apple, AMD is also reportedly planning to have TSMC's new facilities make chips on its behalf.
Earlier this year, the U.S. government took a step to boost the domestic chip-making industry through the CHIPS and Science Act. Signed by Biden in August, the law includes $52 billion in incentives.
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