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The Guardian - UK
The Guardian - UK
Technology
Jasper Jolly and agencies

TSMC to make state-of-the-art chips in US after multibillion subsidy pledge

TSMC United States Joe Biden Arizona Semiconductor Gina Raimondo Taiwan
Person in hard hat and mask walking in front of a building bearing a TSMC logo in Taiwan
The Biden administration hailed the development as ‘a new chapter for America’s semiconductor industry’. Photograph: Ann Wang/Reuters

Taiwan Semiconductor Manufacturing Company is to build its most advanced chips in Arizona after receiving a pledge of as much as $11.6bn in US government subsidy as part of Joe Biden’s efforts to attract computer chip production.

TSMC, the world’s most valuable chipmaker, says it aims to start producing the two-nanometre chips at a new factory in Phoenix, Arizona, by 2028.

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