Read full post at forexlive.com
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is to build a semiconductor plant in Phoenix Arizona.
- the plans were announced in 2020
- production should begin in 2024
report the firm may build more than one currently being planned. Reuters cite 3 people familiar.
TSMC is the world’s largest contract chipmaker, it manufactures most of its chips in Taiwan, with plants in China and Washington (state).
News was out overnight (US time)