04.30.2025
Following CHIPS act funding, Apple's iPhone processor manufacturer TSMC has continued its Arizona investment with the company breaking ground on a third chip fabrication facility.TSMC has broken ground on a
TSMC has broken ground on a third processor facility in Arizona
Five years after it first announced plans to build one processor plant in Arizona, TSMC has now begun work on its third, benefiting from funding it got from the CHIPS Act signed in 2022.
President Trump now vocally opposes the CHIPS Act, despite setting up a new monitoring framework for it. Commerce secretary Howard Lutnick was nonetheless on hand to credit Trump with the new factory.
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