TSMC announced that it will build a factory in the United States with a total investment of 12 billion US dollars for mass production of 5nm chips

Construction of the plant will begin in 2021 and start production in 2024.

The news that TSMC is building a factory in the United States has finally come to an end.

On May 15, TSMC officially announced that it will build an advanced chip factory in Arizona, the United States, at a cost of about 12 billion US dollars, which is also the company’s second production base in the United States.

TSMC said in a statement that construction of the plant will begin in 2021 and start production in 2024, mainly for mass production of 5nm chips. At the same time, TSMC also emphasized that the factory will create at least 1,600 jobs.

According to TSMC, the upcoming plant is to better serve customers and partners, as well as attract talent globally. In addition, the factory needs to invest a lot of capital and technical talents. The success of this project will directly affect the future development of the relevant supply chain and users.

At present, TSMC has a wafer foundry in Camas, Washington, USA, and design centers in Austin, Texas and San Jose, California. It can be said that the new factory built in Arizona is the company’s The second production site in the United States.

Previously, rumors that TSMC will build a factory in the United States have been rampant, and TSMC has not responded positively. However, TSMC has publicly stated that three conditions must be met to build a factory in the United States, and it must be in line with economic effects, cost advantages, and complete personnel and supply chains. If a company builds a factory in the U.S., it’s to meet consumer demand, not the U.S. government’s.