TSMC Plans to Make More Advanced Chips in US at Urging of Apple

  • Arizona plant slated for 2024 will use 4-nanometer technology
  • Change is a win for Biden efforts to bolster US manufacturing
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Taiwan Semiconductor Manufacturing Co. will offer advanced 4-nanometer chips when its new $12 billion plant in Arizona opens in 2024, an upgrade from its previous public statements, after US customers such as Apple Inc. pushed the company to do so, according to people familiar with the matter.

TSMC is expected to announce the new plan when President Joe Biden and Commerce Secretary Gina Raimondo visit Phoenix for a ceremony next Tuesday, said the people, who asked not to be identified because the matter is private.