Report: TSMC considers another major expansion in Phoenix, Arizona for semiconductor plant - Phoenix Business Journal

  • 📰 phxbizjournal
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The new factory could represent the same type of investment as the Taiwan company's initial $12 billion for its initial Valley plant announced two years ago, the report said. phoenix

TSMC plans to announce in the coming months that it will build a"cutting-edge" semiconductor factory, or fab, north of Phoenix, according to people who spoke with the Wall Street Journal and are familiar with the expansion plans.

TSMC said in a statement to the Phoenix Business Journal that TSMC is now constructing a building to serve as a second fab at its Arizona site, leveraging resources from construction of its first fab for greater cost effectiveness. The city of Phoenix and the Greater Phoenix Economic Council were not immediately available to comment about TSMC's potential expansion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 254. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Standoff over remote work continues as bosses ready penalties - Phoenix Business JournalTo this point, many companies have taken a relaxed approach to their hybrid policies, but many managers are planning to clamp down and rigidly enforce office attendance in the months to come. Experts say the move could backfire.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Axon (AXON) beats Q3 revenue, earnings expectations; stock surges - Phoenix Business JournalThe company’s stock had already ended on a high note Tuesday, but its earnings report released after the markets closed sent its share price higher in after-market trading. Here's why the shares of the maker of nonlethal Taser products saw big gains.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Denver data center company expands Valley presence with new campus near Sky Harbor - Phoenix Business JournalThe Denver-based technology infrastructure company bought the land from Sunbelt Land Holdings in late October. Here's what the company plans to build.
Source: phxbizjournal - 🏆 254. / 63 Read more »

SBA proposes expanding lender network, streamlining loan process - Phoenix Business JournalA proposed rule for the popular 7(a) program is just the latest effort by the SBA to overhaul its existing programs. Here's what businesses need to know.
Source: phxbizjournal - 🏆 254. / 63 Read more »

Chompie’s closes well-known restaurant in Tempe - Phoenix Business JournalThe final day of the longest-standing Chompie’s location was on Nov. 7. Here's what the company had to say regarding the closure. blhack
Source: phxbizjournal - 🏆 254. / 63 Read more »