TSMC finishes construction of second chip factory ahead of schedule

Taiwan Semiconductor Manufacturing Co. completed construction of its second fab at its north Phoenix campus ahead of schedule.

BY AMY EDELEN/PHOENIX BUSINESS JOURNAL

Apr 20, 2025, 5:00 AM

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Taiwan Semiconductor Manufacturing Co. completed construction of its second fab...

Taiwan Semiconductor Manufacturing Co. recently increased its planned $65 billion investment at its Phoenix campus by another $100 billion, making it the largest foreign investment project ever in Arizona. The complex is pictured in November 2024. (Image via TSMC)

(Image via TSMC)

Taiwan Semiconductor Manufacturing Co. completed construction of its second fab at its north Phoenix campus ahead of schedule to meet AI-related chip demand from customers, the company’s top executive said on an April 17 earnings call.

TSMC CEO C.C. Wei said the company is “working on speeding up the volume production schedule” for its second fab, which will utilize 3-nanometer process technologies.

Wei did not disclose when production would be underway at TSMC’s second fab. TSMC previously planned to begin production at its second fab in 2028.

In addition, TSMC plans to break ground on its third fab — which will utilize 2-nanometer and A16 process technologies — later this year, depending upon permit approval, Wei said, adding the company will provide an update on progress in the coming quarters.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.