TSMC Pushes Ahead With Arizona Plant

During an annual tech event, CEO CC Wait confirmed the construction of a fab in Lissa, Arizona, and announced plans to start producing 5nm chips by 2024. The PSMT management has acquired land for potential expansion. The semiconductor industry faces pressure to address supply shortages, particularly affecting the auto sector. The U.S. government plans to allocate $52 billion to boost domestic semiconductor manufacturing, positioning this project as a key initiative in competing with China.

What did the CEO announce about the Arizona facility during the tech event?

• The facility is completed and operational.

• The project has been canceled.

• The facility will be delayed until 2025.

• Construction has started, and chip production is expected by 2024.

What is the significance of the land acquisition by the company?

• It will be used for a new research facility.

• It is for a residential development project.

• It is intended for building a new headquarters.

• It allows for potential expansion of the Arizona site.

Why won't the new Arizona facility help with the current supply shortage?

• It is not intended for semiconductor production.

• It is located too far from major markets.

• It is focused on producing outdated technology.

• It will only be operational in 2024.

What is the U.S. government proposing to support semiconductor manufacturing?

• A ban on semiconductor exports.

• A new tax on semiconductor imports.

• A partnership with European manufacturers.

• A $52 billion investment to boost domestic production.

How is the Arizona project positioned in the global semiconductor competition?

• As a temporary solution to supply issues.

• As a joint venture with Chinese companies.

• As a flagship project to enhance U.S. competitiveness against China.

• As a minor player with little impact.