Wei informed that it would be spending $30 billion of the planned investment this year, which will provide the company with enough manufacturing capacity to support the growth of its clients
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) Chief Executive Officer C.C. Wei has said that the chipmaker has begun the construction of the $12 billion chip fab at a site in the state of Arizona in the United States.
A Reuters report has quoted Wei speaking at TSMC’s annual technology presentation, during which he mentioned that the development of the factory in on track with regards to its aim to start producing chips using the company’s 5-nanometer production technology in 2024.
The plant has a planned output of 20,000 wafers per month, and falls in the world’s largest chipamker’s plan to invest $100 billion over the next three years to increase the capacity of its factories. Wei informed that it would be spending $30 billion of the planned investment this year, which, he said, will provide the company with enough manufacturing capacity to support the growth of its clients.
It had been reported that TSMC is also planning to build 5 fabs in the state, in addition to the one already in development, although it is yet to be confirmed by the company itself.
Reuters also quoted Wei saying that the company has developed a version of its 5-nanometer chipmaking process certified for use by automakers for advanced applications like artificial intelligence, though the new offering is unlikely to alleviate the current chip shortages because the shortages are of less advanced chips.
He said TSMC’s next generation of 3-nanometer chipmaking technology remains on track to start volume production at the company’s “Fab 18” factory in Tainan, Taiwan, in the second half of next year.
