TSMC is expected to announce the plans as soon as Friday after finalizing its decision at a board meeting on Tuesday. The factory could be up and running by the end of 2023 at the earliest.
The new TSMC plant would produce five-nanometer chips, which are the fastest and most power-efficient chips available today, a person with knowledge of TSMC’s plans told The Wall Street Journal.
At this time, it’s not known if TSMC is getting financial incentives from the U.S. to build a factory in Arizona, nor how many jobs the factory will bring. A typical TSMC factory employs thousands of people.
TSMC had been talking to U.S. officials and Apple about a U.S. chip factory for some time, but the conversations “gained momentum” amid concerns with the fragility of the Asian supply chain.
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