TSMC to Build a $12 Billion Semiconductor Factory in U.S.

On Friday, Taiwan Semiconductor Manufacturing Co (TSMC) announced that it will build a $12 billion semiconductor plant in the United States. The announcement came amidst growing tension between China and the US that is threatening to disrupt its Asia-based supply chain. TSMC said the project will commence in 2021, and will have the capacity to employ 1,600 workers as the factory focuses on the production of the latest in semiconductor technology, the 5-nanometer chips. ‚ÄúThis project is of critical, strategic importance to a vibrant and competitive U.S. semiconductor ecosystem that enables leading U.S. companies to fabricate their cutting-edge semiconductor products … Continue reading TSMC to Build a $12 Billion Semiconductor Factory in U.S.