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TSMC's Arizona plant Capex now stands at $21 billion


Friday, February 18, 2022

Construction of TSMC’s plant in Arizona is taking longer than expected.

TSMC had originally planned to start moving equipment into the plant by September this year, but the company is reported to have told suppliers that deadline will be pushed back to February or March 2023.

The TSMC project was announced in May 2020, and construction started last June. In Taiwan, TSMC usually reaches the equipment move-in stage in about 15 months, and sometimes in 12 months.

The delay in Arizona is being attributed to labour shortages with Intel also building new fabs in the state.

It is also being put down to bureaucratic controls related to covid.

By: DocMemory
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