Chip maker TSMC plans multibillion-dollar Arizona factory expansion: WSJ

Taiwan Semiconductor Manufacturing Co Ltd is preparing for another multibillion-dollar factory investment in Arizona in the United States, the Wall Street Journal reported on Wednesday, citing sources.

TSMC, a major Apple Inc supplier and the world’s largest contract chipmaker, plans to announce in the coming months that it will build a cutting-edge semiconductor plant north of Phoenix, the report said.

The scale of this investment is expected to be roughly similar to the $12 billion it committed two years ago, it added.