World’s most valuable chipmaker Taiwan Semiconductor to set up third facility in Arizona using funding from Biden policy
Business live – latest updates
Taiwan Semiconductor Manufacturing Company is to build its most advanced chips in Arizona after receiving a pledge of as much as $11.6bn in US government subsidy as part of Joe Biden’s efforts to attract computer chip production.
TSMC, the world’s most valuable chipmaker, says it aims to start producing the two-nanometre chips at a new factory in Phoenix, Arizona, by 2028.
About Author
More Stories
Will Trump’s tariff chaos be China’s gain in global trade wars?
Sony hikes PlayStation 5 price by 25% as Trump tariffs bite
Revealed: Big tech’s new datacentres will take water from the world’s driest areas