TSMC to Build Semiconductor Plant in Phoenix

Source: Arizona Commerce Authority 
Governor Doug Ducey has announced that following a national search, Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. The project will create more than 1,600 new high-tech jobs and generate thousands of additional jobs in the state for suppliers and other companies within the semiconductor industry. TSMC’s total spending on this project, including capital expenditure, will be approximately $12B from 2021 to 2029. 
“We’re incredibly proud that one of the world’s leading technology companies has chosen Arizona for this high-tech project, one with national and global significance,” said Governor Ducey. “I’d like to thank TSMC Chairman Dr. Mark Liu for his commitment to Arizona. We are honored to be selected for this project and look forward to building a collaborative long-term relationship with TSMC. I’m very grateful to President Donald Trump for his leadership and tireless efforts to bring more manufacturing back to our shores. I’d also like to thank Secretary (Wilbur) Ross, his team at the U.S. Department of Commerce — including SelectUSA — and the Trump administration for their partnership.” 
The facility will utilize TSMC’s 5-nanometer technology for semiconductor wafer fabrication and have the capacity to produce 20,000 wafers per month. Construction is planned to begin in 2021 with production targeted to start in 2024. The Arizona facility will be the company’s second manufacturing operation in the United States. 
Several potential sites in Phoenix are still being evaluated. The Arizona Commerce Authority will continue working with TSMC, the U.S. administration, the City of Phoenix and the Greater Phoenix Economic Council to finalize all aspects of the project.