TSMC is moving quickly to build its third chip factory in Arizona, USA. This comes just hours after the US government gave the green light. The project is part of a bigger plan to invest $100 billion, as announced by the company and former President Donald Trump earlier this year.
The new factory will be one of three main sites where TSMC plans to make advanced 2-nanometer chips. This tech is currently the best in the industry. Big US tech companies like Apple, NVIDIA, and AMD are expected to be major customers.
Apple is TSMC’s biggest client and relies on the company’s chips for its iPhones, iPads, and laptops. Tim Cook, Apple’s CEO, said his company will be a key customer for the Arizona factory. Jensen Huang, NVIDIA’s CEO, noted that US government support for chip production is crucial for the country to stay ahead in AI. Dr. Lisa Su, AMD’s CEO, said her company will use TSMC’s 2-nanometer chips for advanced computing tasks, including AI.
Big Investment, Big Impact
The US Commerce Department expects TSMC’s $100 billion investment to create around 40,000 construction jobs. It could also boost Arizona’s economy by $200 billion. This will have a significant positive effect on the overall US economy.
The 2-nanometer tech is highly advanced and used in AI, smartphones, and other IT devices. By making these chips in the US, TSMC will help reduce the country’s reliance on foreign chip imports.
Why It Matters
The US is keen to bring advanced chip production back home. This is partly due to rising tensions with China. TSMC’s investment is a big step in this direction. The company’s decision to move forward with the project quickly after getting US approval shows its commitment.
The new factory will help major tech companies like Apple, NVIDIA, and AMD get the advanced chips they need. This will support their work in areas like AI and high-performance computing.
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