Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter when profits surged 57%.

The Taiwan Semiconductor Manufacturing Co. is officially producing advanced manufacturing chips in Phoenix, the company confirmed on an overnight earnings call. Why it matters: According to U.S. Commerce Secretary Gina Raimondo,

TSMC on Thursday officially confirmed that its Fab 21 near Phoenix, Arizona, had begun high volume production of chips after months of rumors and a confirmation from the U.S. Commerce Secretary earlier in January.

Arizona has benefitted under the Biden Administration's oversight of the CHIPS Act, landing large federal grants, corporate investments and R&D funds.

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Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

TSMC Arizona leads the way as semiconductor manufacturers find a new home in Phoenix and change the face of the industry. Back in 2020, TSMC Arizona, kicked off what has grown into a commitment to invest $65 billion in Phoenix. The company is building ...

deliver the same level of manufacturing quality and reliability from our fab in Arizona, as from our fabs in Taiwan,” he added. TSMC currently employs around 2,200 people in Phoenix with more ...

What to know about the $95M settlement TSMC chip production in Phoenix ahead of schedule as company posts $11.5B profit How would tariffs on Mexico affect Arizona? The state's trade with Mexico by ...

Y.L. Wang, VP of fab operations at TSMC, will be elevated to senior VP for his efforts in resolving challenges at the foundry's advanced fab location in Arizona, US, according to sources familiar with the matter.

Companies poured billions into fabs and facilities around the world as regions continue to build self-sufficiency and form hubs with friendly nations.

A transformative $7 billion mixed-use development named Halo Vista is set to redefine northwest Phoenix. Spanning over 2,300 acres, this ambitious urban Halo Vista, a $7 billion mixed-use development in northwest Phoenix,