Secretive Giant TSMC s 100 Billion Plan To Fix The Chip Shortage
Taiwan Semiconductor Manufacturing Company makes 24 of all the world s chips, and 92 of the most advanced ones found in today s iPhones, fighter jets and supercomputers. Now TSMC is building America s first 5nanometer fabrication plant, hoping to reverse a decadeslong trend of the U. S. losing chip manufacturing to Asia. CNBC got an exclusive tour of the 12 billion fab that will start production in 2024. As the world grapples with an ongoing chip shortage, a quiet giant among chipmakers has committed to investing 100 billion over three years to ramp up production. Taiwan Semiconductor Manufacturing Company may not be a household name, but with a market value of over 550 billion, its one of the worlds 10 most valuable companies. Now, its leveraging its considerable resources to bring the worlds most advanced chip manufacturing back to U. S. soil. CNBC got an exclusive tour of the 12 billion fabrication plant, or fab, in Phoenix, Arizona, where TSMC
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