TSMC Delays Arizona Chip Output to 2025 on Worker Shortages
- Biden administration has made US chip production a priority
- TSMC made the comments as it reported financial results
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Taiwan Semiconductor Manufacturing Co. said production at a planned facility in Arizona will be postponed from late 2024 until 2025, an ominous delay as Washington tries to establish a more robust chip industry.
Chairman Mark Liu said there are several challenges that TSMC faces at the US facility, including a shortage of skilled workers and expenses running higher than in Taiwan. The company is shifting some employees to Arizona to help with the development.