TSMC, the world’s leading semiconductor manufacturer, is considering expanding further into the United States adding five more structures to the plant it is building in Phoenix, Arizona, originally announced in May last year and backed by an investment of approximately $ 12 billion.
As reported by the Reuters, this further expansion would also be a consequence of the growing demands from the Biden administration which has openly declared the importance of investing in critical sectors such as semiconductors and batteries, which are currently largely monopolized by Asian countries.
In recent weeks, also given the very critical period for the chip market that cannot keep up with the growing demand, a summit was held at the White House attended by TSMC, Intel, Samsung, AMD, Qualcomm, Apple, Alphabet and many other companies, which discussed possible solutions to this crisis. There were also gods on the negotiating table funds to invest in the construction of a US production chain.
At the moment, there are still not many details about the other locations that could expand the production chain. The Taiwanese company, according to a source, had previously confirmed the possibility of expansion already when it obtained the first permits for the construction of the Phoenix plant.
All the facilities, however, are expected to be built over the next three years, the same time frame in which TSMC declared in early April that it intends to invest a whopping $ 100 billion.