TSMC Gains Approval for 2nm Chip Production in US; Trial Production Starts in Taiwan

Taiwan Semiconductor Manufacturing Company (TSMC) has reportedly secured the Taiwanese government's approval to potentially establish 2-nanometer chip production facilities in the United States. This shift comes as TSMC is also beginning trial production of 2nm chips at its facilities in Taiwan, suggesting a significant expansion of the company’s global manufacturing footprint. TSMC May Produce 2nm Chips in US Following Policy Shift According to a report from Taiwanese publication UDN, the Taiwanese government has relaxed its policy requiring domestic production to be one or two generations ahead of overseas facilities. This decision gives TSMC more flexibility to decide whether to set up advanced production capabilities abroad, including the Arizona site where they are already building new plants with CHIPS Act subsidies. Taiwanese Minister of Economic Affairs, J.W. Kuo, commented on the potential high costs of such a move, estimating a $30 billion investment for equipment and inf…