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TSMC Announces Updates For TSMC Arizona; Co Has Started Construction Of Second Fab Scheduled To Begin Production Of 3nm Process Technology In 2026; Overall Investment For These Two Fabs Will Be ~$40B

Benzinga Real-time News ·  Dec 6, 2022 23:55

PHOENIX, Arizona, Dec. 6, 2022 – TSMC ((TWSE: 2330, NYSE:TSM) today announced that

in addition to TSMC Arizona's first fab, which is scheduled to begin production of N4 process

technology in 2024, TSMC has also started the construction of a second fab which is scheduled to

begin production of 3nm process technology in 2026. The overall investment for these two fabs

will be approximately US$40 billion, representing the largest foreign direct investment in Arizona

history and one of the largest foreign direct investments in the history of the United States.

In addition to the over 10,000 construction workers who helped with construction of the site,

TSMC Arizona's two fabs are expected to create an additional 10,000 high-paying high-tech jobs,

including 4,500 direct TSMC jobs. When complete, TSMC Arizona's two fabs will manufacture

over 600,000 wafers per year, with estimated end-product value of more than US$40 billion.

- SEC Form6

In line with TSMC's commitment to green manufacturing, it was also revealed that TSMC Arizona
is in the planning stages for an on-site Industrial Water Reclamation Plant that when finished, will
allow the TSMC Arizona site to achieve near zero liquid discharge.
"When complete, TSMC Arizona aims be the greenest semiconductor manufacturing facility in the
United States producing the most advanced semiconductor process technology in the country,
enabling next generation high-performance and low-power computing products for years to come,"
said TSMC Chairman Dr. Mark Liu. "We are thankful for the continual collaboration that has
brought us here and are pleased to work with our partners in the United States to serve as a base
for semiconductor innovation."
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