TSMC will build another another five fabs in Arizona on top of the six fabs so far announced, under a new trade deal between the US and Taiwan which will be announced shortly, report the New York Times and Wall Street Journal.

The deal will hike TSMC’s investment in Arizona from the current $165 billion to a total of $465 billion.

TSMC to hike US investment to $465bnIn return for the deal the US will reduce its tariff rate on Taiwan exports to the US to 15%.

Last week TSMC paid $197 million at an auction for 900 acres of land next door to TSMC’s existing fab sites in Arizona.

As well as the planned eleven fabs, TSMC will build two packaging plants and an R&D centre in Arizona.

By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved