8. April 2024
© MichaelVi – stock.adobe.com
The Taiwanese semiconductor manufacturer TSMC is investing significantly more in its new factory in the US state of Arizona and is receiving billions in government funding. On Monday, the US Department of Commerce gave the green light for aid worth $6.6 billion (around €6 billion). In addition, there are up to $5 billion in cheap government loans. At the same time, TSMC promised to significantly increase its investments in the facility to $65 billion.
A third factory hall is also scheduled to be built in Arizona by 2030. At $65 billion, it is the largest single investment by a company to date in a completely new plant in the USA.
TSMC will produce semiconductors with a node size of two nanometers in one of the halls, it said. “These are the chips that are the basis for artificial intelligence, and they are the chips that are required for the technologies that are the basis for our economy and our security apparatus in the 21st century,” said Commerce Secretary Gina Raimondo. TSMC is the world’s leading semiconductor contract manufacturer and a key supplier to Apple and Nvidia.
At the same time, TSMC will work with partners to ensure that the semiconductors are further processed in the USA, it said. Many chips are currently being processed into components in Asia. The aim is for customers to be able to buy modern semiconductors that are entirely produced in the USA, the ministry explained.
The US Congress gave the green light to the Chips Act in 2022, which includes $52.7 billion in government support for the industry. There are also another $75 billion in loans.
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2024-04-09 01:44:49
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