TMSC Stepping Up Production in Arizona With New Factory

The transcript discusses TSMC's investment in Arizona, highlighting the construction of two plants for chip production. The first plant will produce 4 nanometer chips by 2024, and the second will produce 3 nanometer chips by 2026. This investment is significant for President Biden and US tech, although it represents a small portion of TSMC's global output. The move diversifies the supply chain, reducing reliance on China and Taiwan, and is seen as a political win for Biden. Despite not being the latest technology, these chips are still in demand for various applications.

What is the significance of TSMC's investment in Arizona for the US tech industry?

How many wafers are expected to be produced annually by the two plants once they are operational?

What are the potential risks and benefits of diversifying chip production outside of Taiwan and mainland China?

In what ways does the investment by TSMC align with President Biden's goals?

What are the expected advancements in chip technology from the plants being built?