TSMC’s US operations have struggled since their initial launch in 2021, and after four ‘rough’ years, the Arizona plant has now reported profitability. TSMC’s Expansion Towards the US Has Been a Costly Venture, But The Chip Giant Is Playing the ‘Long Ball’ Game TSMC’s expansion into America isn’t just driven by political motives; instead, the chip giant recognizes that diversifying production is becoming a ‘must’ amid the geopolitical risks it faces. The CHIPS Act initially catalyzed the Biden administration’s pivot towards Arizona, which laid out initial investment plans. Since 2021, TSMC Arizona has reported operating losses totaling $1.25 billion over […]
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