ARIZONA NEWS

TSMC says it’s on track to begin operations at Arizona fab site in first half of 2025

Oct 21, 2023, 5:00 AM

Aerial photos show Taiwan Semiconductor Manufacturing Co., aka TCSM, construction progress in Phoen...

Taiwan Semiconductor Manufacturing Co., aka TSMC, said Oct. 19, 2023, it's on track to begin production at its Phoenix fab site in the first half of 2025. (Taiwan Semiconductor Manufacturing Co. Photo)

(Taiwan Semiconductor Manufacturing Co. Photo)

Taiwan Semiconductor Manufacturing Co. is on track to begin production at its Arizona chip factory in the first half of 2025, the company said on its Oct. 19 earnings call.

TSMC is receiving “strong support” from local, state and federal governments for its two fabs under construction in north Phoenix and continues to “develop positive relationships and work closely with local trade and union partners,” C.C. Wei, CEO of TSMC, said on the third quarter earnings call.

“We are making good progress on the fab infrastructure, utilities, and equipment installation issues in our first fab, and the situation is improving,” he said. “We have also begun early preparation for our Arizona fab operations and hired close to 1,100 local TSMC employees so far.”

A TSMC spokesperson confirmed the 1,100 employees Wei referred to on the call are based in the Phoenix area.

In 2021, TSMC broke ground on its $40 billion chipmaking facility, which has an average of 12,000 construction workers on the site every day. It could eventually build out the site to include six fabs that would provide “the most advanced chips made in the U.S.,” the Business Journal previously reported.

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

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Police are investigating an officer-related shooting in Phoenix on Wednesday that left two people i...

Bailey Leasure

Suspects’ car crashes while fleeing police-involved shooting in Phoenix

Police are investigating an officer-related shooting in Phoenix on Wednesday that left two people injured.

7 hours ago

One woman has died after a crash in north Phoenix Tuesday, authorities said....

Bailey Leasure

North Phoenix collision leaves 1 woman dead, another hospitalized

One woman has died after a crash in north Phoenix on Tuesday, authorities said.

7 hours ago

Collision in Peoria...

Danny Shapiro

2 dead in Peoria collision; speed, impairment possible factors

Two people, an 86-year-old woman and 90-year-old man, died after a collision in Peoria on Wednesday morning, authorities said.

7 hours ago

One man has died and another is in critical condition after a shooting in west Phoenix on Tuesday, ...

Bailey Leasure

1 dead, 1 hospitalized after west Phoenix shooting

One man has died and another is in critical condition after a shooting in west Phoenix on Tuesday, authorities said.

9 hours ago

Health care for prisoners in Arizona...

Associated Press

Lawyers for inmates ask judge to take over health care services in Arizona prisons

Lawyers for 25,000 people incarcerated in Arizona have asked a judge to take over health care operations in state-run prisons and appoint an official to run them, saying the state is not capable of fixing deep failures in care even though it has been required to do so over the last decade.

10 hours ago

...

Sponsored Content by Bright Wealth Management

How updating your estate plan is crucial in saving money

As you map out your estate plan, mapping out beneficiaries and keeping it up to date is key in order for the most funds possible to be passed down with ease.

Sponsored Articles

...

Bright Wealth Management

How to start your retirement planning early and avoid costly mistakes

Retirement planning can feel overwhelming, but with the right guidance, you can avoid costly pitfalls.

...

Sanderson Ford

Sanderson Ford’s Operation Santa Claus: Spreading holiday cheer through pickleball

Phoenix, AZ – Sanderson Ford, a staple in the Arizona community, is once again gearing up for its annual Operation Santa Claus charity drive.

...

Schwartz Laser Eye Center

Don’t miss the action with this game-changing procedure

PHOENIX -- The clear lens exchange procedure has emerged as a popular alternative to LASIK eye surgery.

TSMC says it’s on track to begin operations at Arizona fab site in first half of 2025