TSMC grabs US$11 billion for Arizona fabs from US Chips Act
Cette publication existe aussi en Français
The US government has awarded the world’s leading foundry TSMC up to US$6.6 billion in direct funding under the Chips Act as well as up to US$5 billion in low-cost loans.
The money will contribute to TSMC’s US$65 billion investment in three wafer fabs in Phoenix, Arizona. The announcement is the official follow up to the previously signed preliminary memorandum of terms, announced on April 8, 2024, after due diligence.
TSMC agrees to build third Arizona fab, make 2nm chips in US
The money will handed over to subsidiary company TSMC Arizona Corp. in multiple tranches on the completion of a series of project milestones.
The first of the fabs is due to begin commercial production in 2025.
The Department of Commerce said that early production yields at that wafer fab are on a par with similar fabs in Taiwan.
Related links and articles:
News articles:
TSMC agrees to build third Arizona fab, make 2nm chips in US
TSMC raises Arizona fabs’ budget to $40 billion
TSMC to bring 3nm process to Arizona
TSMC plans six wafer fabs in Arizona
If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :
