Taiwan Semiconductor Manufacturing Co (TSMC) is apparently seeking to raise its investment in the US for its planned chip factories. The is apparently aiming to further invest tens of billions of dollars into the US state of Arizona.
According to a Reuters report, the world’s largest chip maker is aiming on raising the invesment in the region as talks in Europe falters. As per sources close to the mater, the firm’s investment plans are being closely watched amid the global semiconductor shortage and its plans in the US and Europe to subsidize chip production. For those unaware, the company had announced last year that it would be investing 10 billion US Dollars to 12 billion US Dollars to build a chip factory in Phoenix, Arizona.
Earlier this month, it was also reported that the company’s chip factory would only be the first of six planned plants at the site. Furthermore, TSMC officials are reportedly debating if the next plants should be an advanced facility that will be produce 3nm based chipmaking process. The 3nm process is a more advanced and efficient than the 5nm technology that is currently used in the first factory. One of the sources stated that the more dvanced 3nm plant could cost anywhere between 23 billion to 25 billion US Dollars.
The new chip plants will also enable the company to rival other semiconductor giants like Intel and Samsung Electronics for subsidies from the US government. Recently, the US President Joe Biden announced a 50 billion US Dollars in fuding to grow the local semiconductor manufacturing industry.
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