Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter when profits surged 57%.

The Taiwan Semiconductor Manufacturing Co. is officially producing advanced manufacturing chips in Phoenix, the company confirmed on an overnight earnings call. Why it matters: According to U.S. Commerce Secretary Gina Raimondo,

TSMC on Thursday officially confirmed that its Fab 21 near Phoenix, Arizona, had begun high volume production of chips after months of rumors and a confirmation from the U.S. Commerce Secretary earlier in January.

Business is booming for Taiwan Semiconductor Manufacturing Co. with the global computer chip maker reporting a surge in Q4 revenue and big plans in 2025 as full production gets underway at its new factory in Phoenix.

Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.

Arizona has benefitted under the Biden Administration's oversight of the CHIPS Act, landing large federal grants, corporate investments and R&D funds.

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Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

TSMC Arizona leads the way as semiconductor manufacturers find a new home in Phoenix and change the face of the industry. Back in 2020, TSMC Arizona, kicked off what has grown into a commitment to invest $65 billion in Phoenix. The company is building ...

In November 2024, the US Commerce Department finalised a $6.6bn grant for TSMC's US unit to support semiconductor production in Phoenix, Arizona. “For the first time ever in our country's ...

January is usually a slow month too, but a surge in Valley million-dollar sales after the election could push up prices and sales this month.

Taiwan Semiconductor Manufacturing Co. has started manufacturing cutting-edge four-nanometer chips for American consumers in Arizona, according to Commerce Secretary Gina Raimondo. TakeAway Points: Taiwan Semiconductor Manufacturing Co.