What a difference a year makes. When Taiwan Semiconductor Manufacturing Company held its 2020 annual shareholders’ meeting, the company had yet to confirm it would go ahead with plans for a chip factory in the US.
Now, not only is construction under way for TSMC’s new $12bn fabrication plant, or fab, in Arizona, but the company is also in advanced discussions over a factory in Japan and even considering manufacturing in Germany.
The shift marks the end of an era in the semiconductor industry. Since its founding almost 35 years ago, TSMC has had almost all of its capacity in Taiwan.
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