This investment will elevate TSMC's total capital expenditure for the Arizona site to over US$65 billion, marking the largest foreign direct investment in the state's history and in a greenfield project in U.S. history.
Founder and Editor, The Tech Capital
4 Mins
April 09, 2024 | 12:26 AM BST
TSMC Chairman Dr. Mark Liu. Source: TSMC
The U.S. Department of Commerce and TSMC Arizona have entered into an agreement whereby up to US$6.6 billion in proposed CHIPS Act direct funding will be utilised by TSMC to build a third microchips fab in Phoenix, Arizona.
Founder and Editor, The Tech Capital
4 Mins|April 30, 2024
3 Mins|April 30, 2024
4 Mins|April 29, 2024
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