
Taiwan Semiconductor Manufacturing Co. says it will more than triple its investment in the US to $40 billion and bring the world’s most advanced chip production technology to the country by 2026, in a victory for Washington’s push to onshore vital parts of the semiconductor supply chain. TSMC, the world’s biggest contract chipmaker, announced on Tuesday it will increase its investment in Arizona, where it is currently building a $12 billion chip facility, to $40 billion in order to build a second, even more, advanced plant there. The additional facility will begin operation by 2026 and will be the first plant in the US to make 3-nanometer chips, the most advanced currently available.