During awebinaron Wednesday hosted by thePotomac Institute for PolicyStudies, Taiwan Semiconductor Manufacturing US President Rick Cassidy told listeners thatTSMC's Phoenix
During a webinar on Wednesday hosted by the Potomac Institute for Policy Studies, Taiwan Semiconductor Manufacturing US President Rick Cassidy told listeners that TSMC 's Phoenix, Arizona chip factory has achieved around 4% more usable chips than its Taiwan plants. According to Bloomberg, this is a critical metric for TSMC , as its most advanced and efficient chip plants are based in Taiwan.
Wei told investors during an earnings call with investors last week, adding, 'This is an important operational milestone for TSMC and our customers, demonstrating TSMC's strong manufacturing capability and execution.' TSMC has been one of the largest recipients of the Chips and Science Act, receiving $6.6 billion in grants and up to $5 billion in loans—plus 25% tax credits—to build three chip plants in Arizona.
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