TSMC says its $40 billion chip project in Arizona faces a further delay
CNN
TSMC said Thursday that plans for its second fab in Arizona had been stalled, as the Taiwanese chipmaking titan cited a need to review incentives from the US government.
TSMC says its second factory in Arizona will be delayed, marking another setback for the world’s largest chipmaker and its role in US President Joe Biden’s bid to boost American manufacturing. The facility will now be operational in 2027 or 2028, compared to previous expectations of a 2026 start, according to Chairman Mark Liu. “There will be a gap,” he told analysts on an earnings call Thursday. Liu said construction on the shell of the factory had begun, but the Taiwanese chipmaking titan needed to review “how much incentives … the US government can provide.” The company is in close contact with US officials on the matter, including discussion of tax credits, he added. It’s the second time TSMC (TSM), the world’s largest chipmaker, has been forced to push back its plans in the western US state.
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