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TSMC Reportedly Evaluating Potential Investment in Texas to Expand US Chip Capacity
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According to two informed sources, Taiwan Semiconductor Manufacturing Co (TSMC) is evaluating a potential investment in Texas to expand its chip production capacity in the United States. This potential investment would be in addition to the $265 billion that TSMC has already committed to a facility in Arizona. The report, originally from Reuters and cited by TradeAlpha, indicates TSMC is considering further expansion beyond its previously announced US projects. The evaluation is at an early stage, and no final decision has been made. The move underscores TSMC's strategic efforts to diversify its manufacturing footprint amid global chip supply chain concerns and US government incentives for domestic semiconductor production.
Source report
According to two sources familiar with the matter, Taiwan Semiconductor Manufacturing Co. (TSMC) is assessing a potential investment in Texas to further expand its chip production capacity in the United States.
This potential investment would be in addition to the $265 billion TSMC has already committed to its operations in Arizona. (Reuters)
Source
domesticNeutral / independent