The United States is set to significantly expand its semiconductor manufacturing capabilities with major investments from industry giants TSMC and Samsung. TSMC plans to invest over $65 billion in constructing three new leading-edge fabs in Phoenix, Arizona, which will produce the world's most advanced semiconductors by the end of the decade. This initiative is supported by a proposed $6.6 billion in funding through the CHIPS Act. Similarly, Samsung Semi has committed to developing a facility in Taylor, Texas, where it will start manufacturing 2nm semiconductors and introduce 2.5D packaging by 2026. These developments are part of a broader effort, backed by the CHIPS Act, aiming to have 20% of chips manufactured in the U.S. and reduce dependency on overseas production.
Great news for Texas! The CHIPS Act continues to deliver and create jobs for our state and position us as a continued leader in high-tech manufacturing. Let’s keep building on this progress. https://t.co/uBwc72qQXx
Samsung Pres & CEO Dr Kye Hyun Kyung opens Chips Act Deal event in Taylor saying, this is not just about investing in Chips but also investing in their community - adding we are here to stay. @fox7austin https://t.co/6qbrjS2d78
The semiconductor landscape continues to be shaped by geopolitical and economic factors, including investments in fab capacity across the US, Europe, and APAC. Learn more: https://t.co/72CFzqT9ya #semiconductor #manufacturing #fabrication #pcb https://t.co/XriIwMIEXB
Building new chipmaking factories in America takes longer and costs more than in Asia, though subsidies through the CHIPS Act cover some of that difference. Finding workers to operate TSMC’s new facilities in Arizona is harder https://t.co/rHTTZc2riy 👇
JUST IN: Samsung is set to produce its latest generation of semiconductors in the United States by 2026
The proposed $6.6 billion in funding would support TSMC’s investment of more than $65 billion in three greenfield leading-edge fabs in Phoenix, Arizona, which will manufacture the world’s most advanced semiconductors. https://t.co/y2H9VS1BQp
It’s official now. Samsung Semi 2nm in Taylor, TX, by 2026. 🤠 And 2.5D packaging. This is a step along the way to have 20% of chips manufactured in the U.S. funded by the CHIPS Act. Competition is good. https://t.co/yqOjsRumt5
TSMC’s American chipmaking plans grow $25bn more ambitious https://t.co/ac5DidpLoS
The Texas tech surge continues. Since 2019, TX is 1st in absolute growth in tech jobs (25K) & had the 2nd highest growth rate (24%). A driving fact that @JosephPolitano points out in his Apricitas Economics newsletter (which you should definitely subscribe to): "Texas has built… https://t.co/I6kLqKFJd8
The world's most advanced semiconductors will begin production in Phoenix by the end of the decade. This is part of Biden's efforts to bring advanced semiconductor manufacturing — which has historically occurred overseas — to U.S. soil. https://t.co/gICgV8e655