Tim Cook joins US leaders as TSMC announces $40 billion investment to produce chips in Arizona

Enrique, 06 December 2022

On Tuesday, Apple CEO joined President Biden and Arizona officials, in a televised event on the site where TSMC is constructing a semiconductor-based manufacturing plant set to open in 2024. As Apple expands its relationship with TSMC, the new factory will begin to produce Apple silicon in the US.

Back in 2021, TSMC initially announced it’d invest $12 billion towards a fabrication plant. On Tuesday’s event, TSMC announced it would raise its investment to $40 billion that accounts for a second fabrication plant where 3nm chips would go into production when it opens in 2026. The first fabrication plant will produce 4nm chips starting 2024. President Biden says the new plant will create tens of thousands of “construction” and “high tech” jobs for Arizonians

“Next year, commercial operations will begin and today TSMC has announced a second major investment. It will construct a second fab here in Phoenix to build ‘three nano chips’, ‘chips that are three nano’, you know what I’m saying. “ President Biden

Tim Cook says that chips for many Apple products will be produced in the Phoenix plant and that “Thanks to the hard work of so many people […] these chips can be proudly stamped: ‘Made in America’.

Sources 12


Reader comments

  • Anonymous
  • 09 Dec 2022
  • rN7

The sad part is they are already ridiculously over priced. There's no justified reason to be passing that cost off to us....but they will.

  • Anonymous
  • 08 Dec 2022
  • 7L2

Good job

so 2 things are likely to come from this, firstly more jobs for local economy which is a good thing of course. Secondly, the cost of these chips is no doubt going to sky rocket the cost of a smartphone, by how much? I don't know, But is 20% an...

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