TSMC’s American chipmaking plans grow $25bn more ambitious
They still pale next to its Taiwanese endeavours
TSMC makes about three-quarters of the world’s most cutting-edge computer chips. But even as it builds new factories (or fabs) in America and Japan, it has kept its most advanced production at home in Taiwan. Until now. On April 8th TSMC said that it intended to make “2-nanometre” chips, the current state of the art in chipmaking, at its planned fab in Arizona. It will also build a third factory in the state by 2030, on top of two already in the works. Its total American investments will rise from $40bn to $65bn. Uncle Sam will chip in another $6.6bn in grants and up to $5bn in loans.
Explore more
This article appeared in the Business section of the print edition under the headline “Raising Arizona”
Business April 13th 2024
- Think Tesla is in trouble? Pity even more its wannabe EV rivals
- Who wields the power in the world’s supply chains?
- Productivity gurus through time: a match-up
- Airbnb bookings for the solar eclipse reach astronomical levels
- TSMC’s American chipmaking plans grow $25bn more ambitious
- Generative AI has a clean-energy problem
From the April 13th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
Germans are world champions of calling in sick
It’s easy and it pays well
Knowing what your colleagues earn
The pros and cons of greater pay transparency
A $500bn investment plan says a lot about Trump’s AI priorities
It’s build, baby, build
Donald Trump’s America will not become a tech oligarchy
Reasons not to panic about the tech-industrial complex
OpenAI’s latest model will change the economics of software
The more reasoning it does, the more computer power it uses
Donald Trump once tried to ban TikTok. Now can he save it?
To keep the app alive in America, he must persuade China to sell up