TSMC accelerates US expansion, eyes Arizona as global semiconductor hub

Taipei [Taiwan], July 18 (ANI): Taiwan Semiconductor Manufacturing Co. (TSMC) is fast-tracking the construction of its second and third semiconductor fabrication plants in Arizona, with plans to establish a large-scale “gigafab” cluster in the state, Focus Taiwan reported.

The semiconductor giant is planning to establish a global gigafab cluster in the state, the report added.

The move is part of the company’s broader strategy to meet growing global demand for advanced chips used in smartphones, artificial intelligence (AI), and high-performance computing (HPC).