In Depth: Why Is Chip Giant TSMC Investing in the U.S. When It Doesn’t Need to?

By Toh Han Shih, Zhai Shaohui and Liu Peilin

2023年02月24日 21:06

The project is one of a handful of international investments the Taiwan firm is pursuing as it seeks to diversify production in a business that is becoming increasingly less globalized

: U.S. President Joe Biden shakes hands on Dec. 6 with TSMC Chairman Mark Liu as the two meet on stage after touring the company’s facility in Phoenix in the U.S. state of Arizona. Photo: VCG

On Dec. 6, Taiwan Semiconductor Manufacturing Co. Ltd. held a “first tool-in” ceremony at a newly constructed $12 billion chip foundry in Phoenix, Arizona, in the U.S. The custom, which marks the beginning of equipment installation, is a major milestone for the site, which is set to begin production next year. On the same day, the Taiwanese giant committed to building a second fab, taking its total investment to a $40 billion.

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版面编辑：喻竹杨洋

In Depth: Why Is Chip Giant TSMC Investing in the U.S. When It Doesn’t Need to?

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