Taiwan Semiconductor To Build a $12 Billion Chip Plant In Arizona
The world's largest semiconductor manufacturing specialist will spend $12 billion on a next-generation chip factory in Arizona.
Taiwan Semiconductor Manufacturing (NYSE: TSM) committed to this massive project on Friday, as the Trump administration tightened restrictions on semiconductor shipments to and from China.
The new chip-making facility will use Taiwan Semi's advanced 5-nanometer manufacturing process. Construction is scheduled to start in 2021 and the first production runs should take place three years later. When the plant ramps up to full production volumes, TSM expects 1,600 high-tech workers at the facility to churn out 20,000 semiconductor wafers per month.
Source Fool.com
