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Under a preliminary agreement on Monday, TSMC will build a new factory in Arizona, receiving up to A$17.56 billion in grants and loan support. The United States will provide 9.99 billion Australian dollars in grants and 7.57 billion Australian dollars in loans to help TSMC build its third factory.
This will be TSMC’s third manufacturing site in Arizona, using 2-nanometer process technology, and is expected to be in production by the end of this decade. This move is critical for areas such as artificial intelligence and defense. In total, the program will support TSMC’s investment of more than A$98.42 billion.
Meanwhile, Samsung is considering increasing investment in its semiconductor business in Tyler, Texas, to A$66.94 billion, planning to build a second chip factory and receiving billions of dollars in subsidies from the U.S. Chip Act.
(Source: ChannelNews Image source: Freepik)
