Ever since TSMC was dragged into the US-China trade war, we’ve been hearing conflicting reports from the foundry. Shortly after Intel announced its IDM 2. (canadianpharmacy365.net) 0 plan, the chairman of the Taiwanese foundry, Mark Liu stated that expanding foundry capacity in the US and Europe is going to be a non-profitable venture. Indirectly referring to Intel’s plans to expand its foundry capacity in Arizona and Ireland, Liu said that the United States’ (and Europe’s) plans to expand semiconductor fabrication capacity locally to meet their need would be “economically unrealistic”.
However, at the White House Semiconductor Video Summit today, Liu seemed quite optimistic about the foundry’s first major expansion project in the United States, namely Arizona. The company is planning to spend $12 billion in building the Arizona fabs from the ground up for the production of 5nm-grade wafers. The foundries are expected to go live in 2024 and help strengthen the chip production capabilities of the US.
After attending the summit, Liu said that the 5-nanometer advanced wafer fab built in Phoenix, Arizona will be the largest foreign investment by TSMC in the United States, and he is confident that the two parties will cooperate in bringing the plan to fruition.
The White House held a semiconductor online summit today to discuss the strengthening of the global semiconductor supply chain and tackle the shortages. The meeting was co-chaired by White House National Security Advisor Sullivan, White House Economic Advisor Dies, and Secretary of Commerce Raymondo, and invited the CEOs of 18 companies including TSMC, Intel, Micron, Samsung, Ford, and General Motors.
Liu believes that foreign direct investment can strengthen economic competitiveness, create local employment opportunities, increase personal income, further expand economic development, help local companies grow and support innovation.