Apple's Taiwanese chip maker, TSMC, is building a second US plant<p>Taiwan Semiconductor Manufacturing Co. (TSMC) is the world's largest contract chip maker. In a statement to The Wall Street Journal on Wednesday, US time, the firm said that its constructing a building to potentially serve as a second fab at its site in Arizona.</p><p>TSMC said it'd consider adding more advanced chip capacity there. Added that a final decision has not yet been made. </p><p> --</p><p>As reinstalled Chinese President Xi switches China's focus away from the economy and towards idealogical purity you can expect further reduction of investment into China by global businesses. </p>
This article was written by Eamonn Sheridan at forexlive.com.
Source: Apple's Taiwanese chip maker, TSMC, is building a second US plant (https://forexlive.com/news/apples-taiwanese-chip-maker-tsmc-is-building-a-second-us-plant-20221109/https://forexlive.com/news/apples-taiwanese-chip-maker-tsmc-is-building-a-second-us-plant-20221109/)
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