Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
US Commerce Secretary: TSMC Initiates Production of 4nm Chips in US
Recommend 0 Positive 1 Negative 0 |
||||
|
||||
|
In an interview with Reuters, US Commerce Secretary, Gina Raimondo, said that TSMC (TSM.US)'s Arizona plant has begun production of 4nm chips, marking the first-ever production of 4nm chips on American soil and by US workers. In November 2024, The US Department of Commerce confirmed a US$6.6 billion subsidy for TSMC to produce chips in Phoenix, Arizona. In April 2024, TSMC agreed to increase its investment there by US$25 billion to a total of US$65 billion and to add a third factory in Arizona by 2030. The Company will start 2nm chip production at a second Arizona factory in 2028, and agreed to use the most advanced “A16” chip manufacturing technology there. The US Department of Commerce also hiked its low-cost loan to TSMC to US$5 billion. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
