What you need to know
- Apple chipmaker TSMC is expanding its U.S. operation.
- It will build an advanced semiconductor fab in Arizona.
- The investment is worth $12 billion and will create 1,600 high-tech jobs, as well as thousands more indirectly.
Apple chipmaker TSMC has announced it plans to build and operate an advanced semiconductor fab in Arizona.
In a press release Friday, the manufacturer stated:
Construction of the plant will begin next year, to be finished in 2024. The total spent on the project over 8 years will be $12 billion. TSMC said the facility would help it "better support our customers and partners" as well as give "more opportunities to attract global talents." It also said the project was "of critical, strategic importance to a vibrant and competitive U.S. semiconductor ecosystem".
The plant is being built in partnership with both the U.S. administration and the state of Arizona:
TSMc also operates a factory in Camas, Washington, and has design centers in Austin, TX and San Jose, CA, making this the second manufacturing site on U.S. soil.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9