TSMC’s Arizona Factory Faces Delay In Construction Plans

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  • Because of the setback with the first fab, TSMC has delayed its second factory too
  • The company has faced resistance to plans to bring in technicians from Taiwan for the construction project

Taiwan Semiconductor Manufacturing Co. (TSMC) has unveiled a delay to its $40 billion site in Arizona. The company has shared that the second plant in Arizona, which has been completed, will be operational in  2027 or 2028.

“Our overseas decisions are based on customer needs and the necessary level of government subsidy or support,” Chairman Mark Liu said during TSMC’s earnings conference in Taipei. The company’s upbeat outlook for the year drove a rally in chip stocks across Asia on Friday, with TSMC shares up as much as 6.3%.

TSMC had shared that they will develop 3nm chips at the second factory, which will be more advanced than the first in Arizona. But now, TSMC says that the incentives from the US Government will help decide what advancement tech inside will be, adding uncertainty to the project’s outcome.

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Because of the setback with the first fab, TSMC has delayed its second factory too, according to Chief Financial Officer Wendell Huang. Liu said the Taiwanese chipmaker is in talks with the US government about incentives and tax credits. He also reiterated that TSMC was working with the state’s local union and trade partners. The company has faced resistance to plans to bring in technicians from Taiwan for the construction project.

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