Taiwanese chipmaker TSMC (2330.TW) said on Tuesday its board had approved a plan to boost the capital of its chip factory in Arizona by up to $3.5 billion.
TSMC in December tripled its planned investment at the Arizona chip plant, which began construction late last year, to $40 billion.
The factory, among the largest foreign investments in U.S. history, will start production in 2026, using advanced 3 nm technology.
TSMC expects its Phoenix factories to create 13,000 high-tech jobs, including 4,500 under TSMC and the rest at suppliers.
Source : Reuters
The brokerage raised its benchmark index target to 2,000 from 1,850, implying a nearly 12%…
Strong demand enabled Bahrain to tighten pricing by 37.5 basis points from IPTs. Bahrain has…
Dollar, oil gain on fading hopes of US-Iran peace deal. Gold fell on Wednesday, weighed…
In 1990, facing a public health crisis, Mexico City initiated its first multiyear air quality…
Water is a key pillar of life and livelihoods — but it is massively underfinanced.…
The conventional account of US space sector transformation credits the post-2005 entry of SpaceX, Blue…