Taiwan Semiconductor Manufacturing Company to Locate Plant in Phoenix, Arizona
According to state officials, “the project will create over 1,600 new high-tech jobs and generate thousands of additional jobs in the state for suppliers and other companies within the semiconductor industry. TSMC’s total spending on this project, including capital expenditure, will be approximately $12 billion from 2021 to 2029.”
Several sites in the City of Phoenix are still being evaluated for the location of the fab, state officials said. Arizona Commerce Authority will continue working with TSMC, the U.S. administration, the City of Phoenix and the Greater Phoenix Economic Council to finalize all aspects of the project.
The facility will utilize TSMC’s 5-nanometer technology for semiconductor wafer fabrication and have the capacity to produce 20,000 wafers per month. Construction is planned to begin in 2021 with production targeted to start in 2024. The Arizona facility will be the company’s second manufacturing operation in the United States.
“We’re incredibly proud that one of the world’s leading technology companies has chosen Arizona for this high-tech project, one with national and global significance,” said Governor Doug Ducey. “TSMC could have picked any place in the world to build this advanced manufacturing factory. They chose Arizona for our unbeatable business climate, already thriving tech sector and ready access to an international supply chain. I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona."
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