Taiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona with support from the state and the United States federal government.
Based in Hsinchu, Taiwan, TSMC provides chip components for many of the world’s largest semiconductor companies and its U.S. clients include Apple and Qualcomm.
The plant, scheduled to start production of chips in 2024, will enable TSMC’s American customers to fabricate their semiconductor products domestically.
The U.S. government has reportedly been in talks with TSMC for months, though one sticking point for the company was the high cost of building a new foundry.
TSMC already operates a foundry in Camas, Washington, and has design centers in Austin, Texas and San Jose, California.

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