TSMC Says Construction of Arizona Chip Plant Is ‘Well Underway’
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Taiwan Semiconductor Manufacturing Co. said it’s moving forward with plans to build a $12 billion chip plant in Phoenix, a step toward addressing U.S. concerns over reliability and security in the tech supply chain.
Construction is “well under way,” Chief Executive Officer C.C. Wei said during a pre-recorded presentation at the company’s annual technology symposium for North America on Tuesday.