Chipmaker TSMC plans Arizona factory expansion

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Chipmaker TSMC plans Arizona factory expansion
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TSMC , the world's largest contract chipmaker and a major supplier to Apple Inc , said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.

, said on Wednesday it was constructing a building that could serve as its second chip factory in Arizona in the United States.

"In light of the strong customer demand we are seeing in TSMC's advanced technology, we will consider adding more capacity in Arizona with a second fab based on operating efficiency and cost economic considerations," the company said. The United States has been encouraging foreign tech firms to manufacture in the country and has actively supported local research, development and manufacturing after passing its CHIPS Act.

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