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TSMC to Launch Major Chip Hub in Arizona by 2024

4/18/2025

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Story summary
  • TSMC is set to revolutionize the U.S. semiconductor landscape by producing 30% of its advanced chips in Arizona, forging a new chip hub. CEO C.C. Wei quashed speculation about a partnership with Intel. As the second and third plants rise amid labor shortages and permit challenges, production is anticipated to kick off in 2024.