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Tech•APR 7, 2024

TSMC to Build Third Arizona Fab With $6.6 Billion CHIPS Act Grant

Taiwan Semiconductor Manufacturing Company (TSMC) has confirmed it will build a third semiconductor fabrication plant (fab) in Arizona, significantly expanding its U.S. footprint. The announcement follows a $6.6 billion grant from the CHIPS and Science Act, aimed at boosting domestic chip production and reducing reliance on foreign manufacturing.

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