White House said to be in talks with Intel, TSMC for US chip factories

mood · May 10, 2020

White House said to be in talks with Intel, TSMC for US chip factories
Officials want to reduce the US' dependence on Asia for processors
May 10, 2020
https://www.engadget.com/white-house-intel-tsmc-us-factory-talks-165608078.html

Wall Street Journal sources say the White House is talking to Intel and TSMC about setting up US chip factories. While Intel already has a US presence, its discussions revolve creating a foundry that other companies could use for their products — its American plans typically focus on making in-house designs. TSMC’s business already revolves around chipmaking for other companies.

The US leans heavily on Taiwan (TSMC’s home) for hardware, for example, and a conflict or natural disaster on the island nation could cripple the US tech sector. Domestic chip production could also improve security for military projects by reducing opportunities for espionage.

A TSMC spokesperson told the WSJ the company was “actively evaluating” plants in other countries, including the US, but that there was “no concrete plan.” The Department of Defense, meanwhile, didn’t directly confirm or deny the report but said chips were “certainly” a key part of the military’s supply chain concerns.
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This wouldn’t solve every issue. Companies set up shop in Asia in part due to closeness with suppliers for components and raw resources — Intel and TSMC could build US plants, but they’d still rely on some imports. They would have to find alternatives (if possible) in case typical sources are no longer available.

Nonetheless, this could be a win for the US if it can keep producing CPUs and graphics chipsets when there’s trouble overseas.
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mood · Nov 10, 2020

TSMC presses-on with US expansion plan
November 10, 2020
https://www.mobileworldlive.com/featured-content/top-three/tsmc-presses-on-with-us-expansion-plan

Taiwan Semiconductor Manufacturing Company’s (TSMC) board approved the creation of a US subsidiary with $3.5 billion in capital, as the company continues its push to increase its presence in the country.

The subsidiary, which will be wholly owned by TSMC, will be set-up in Arizona – a state where the company plans to begin the build of a $12 billion semiconductor factory next year.
Aside from its forthcoming industrial plant, it has production facilities in Washington and design centres in Texas and California.
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Its Arizona plant was announced in May at a time when US authorities were pushing for more domestic manufacturing of chips to reduce reliance on local companies sourcing electronics components from China. TSMC plans to begin production from the factory in 2024.
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mood · Nov 18, 2020

Phoenix okays development deal with TSMC for $12 billion chip factory
November 18, 2020
https://www.reuters.com/article/us-...smc-for-12-billion-chip-factory-idUSKBN27Y30E

City officials in Phoenix, Arizona on Wednesday unanimously voted to authorize a development agreement with chipmaker Taiwan Semiconductor Manufacturing Co that would provide $205 million in city funds for infrastructure such as roads and water improvements for a planned $12 billion semiconductor factory in the city.

The Phoenix City Council voted to allow the city to enter the agreement by a vote of 9-0. Ahead of the vote, Phoenix Mayor Kate Gallego called the agreement “a great success across so many levels of government in helping Arizona become a leader in advanced manufacturing.”
Under the agreement, TSMC will build a new factory and create 1,900 new full-time jobs to be phased in over a five-year period. Construction would start in early 2021, with factory production expected in 2024.
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White House said to be in talks with Intel, TSMC for US chip factories

mood Updates Team

mood Updates Team

mood Updates Team