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Arizona Plant

All articles tagged with #arizona plant

technology1 year ago•1 min saved

"TSMC Secures $5 Billion in Grants for US Chip Plant: Bloomberg"

Taiwan Semiconductor Manufacturing Co (TSMC) is reportedly set to receive over $5 billion in federal grants from the U.S. government for establishing a chipmaking plant in Arizona, as part of the 2022 Chips and Science Act. This move aligns with the U.S. efforts to bolster domestic semiconductor production. TSMC's investment in the Arizona plant is expected to be around $40 billion, marking one of the largest foreign investments in U.S. history. The company's advanced manufacturing processes are crucial for producing industry-leading artificial intelligence chips, and the demand for advanced packaging remains strong, posing a challenge in meeting customer needs.

via Reuters|

#arizona-plant #chip-manufacturing #semiconductor-production

businesstechnology1 year ago•1 min saved

"TSMC Secures $5 Billion Federal Grant for Arizona Chip Plant"

Taiwan Semiconductor Manufacturing Co (TSMC) is reportedly set to receive over $5 billion in federal grants from the U.S. government to establish a chipmaking plant in Arizona, as part of the 2022 Chips and Science Act. This move aligns with the U.S. government's efforts to bolster domestic semiconductor production. TSMC, known for producing chips used in Apple's iPhones, plans to invest around $40 billion in the Arizona plant, marking one of the largest foreign investments in U.S. history. The company's advanced manufacturing processes are crucial for the production of industry-leading artificial intelligence chips, and it has cited strong demand for advanced packaging, which has been a bottleneck for scaling up the supply of complex AI chips.

via Yahoo Finance|

#arizona-plant #businesstechnology #chip-manufacturing

technology2 years ago•1 min saved

TSMC's Arizona Chip Production Delayed Due to Skilled Worker Shortage

Taiwan Semiconductor Manufacturing Co (TSMC) reported a 10% drop in projected 2023 sales and announced a delay in the start of chip production at its first plant in Arizona until 2025 due to a shortage of skilled workers. The company's second-quarter net profit fell by 23% as global economic challenges impacted chip demand. Despite short-term uncertainties, TSMC remains optimistic about its long-term growth prospects, driven by trends like 5G and high-performance computing. Analysts expect a strong outlook for TSMC in 2024 and beyond, particularly due to its leading position in AI chip manufacturing.

via CNN|

#arizona-plant #chip-production #sales-decline

technology2 years ago•1 min saved

TSMC's U.S. chip plant start delayed to 2025 amid labor shortages

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a delay in the start of mass production at its Arizona plant until 2025 due to a shortage of skilled workers and technicians needed to move equipment into the facility. The world's largest contract chipmaker cited the critical phase of handling and installing advanced equipment as the reason for the delay. Mass production was originally scheduled to begin in late 2024.

via Nikkei Asia|

#arizona-plant #chip-manufacturing #labor-shortage