Taiwan's TSMC to make 3-nanometer chips at $12 billion factory in Arizona

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Taiwanese chipmaker TSMC has announced with President Joe Biden that it will build a $12 billion factory in Arizona where it will build three-nanometer chips.

Biden and TSMC executives will be on hand for the announcement in Arizona. Apple and Nvidia should be the first customers of the chips, whose circuits are separated by three billionths of a meter.

“Chips are the engines that modernize and automate the world, driving human progress,” Nvidia CEO Jensen Huang said in a statement. “The future of mankind is linked to the chip industry. TSMC is the foundation of the global chip industry. Since our beginnings, NVIDIA has relied on TSMC to invent the GPU and accelerated computing, and revolutionize 3D graphics, scientific computing, AI, and self-driving cars. Our ongoing work in drug discovery and climate science would not be possible without them. Bringing TSMC's investment to the United States is a masterstroke and a game-changing development for the industry. »

Over the summer, Congress passed a bipartisan bill and Biden signed the Flea and Science Act into law. Based on the Build Back Better pledge, the bill provides $52 billion in subsidies for semiconductor production and research.

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Taiwan's TSMC to make 3-nanometer chips at $12 billion factory in Arizona

Check out the on-demand sessions from the Low-Code/No-Code Summit to learn how to successfully innovate and gain efficiencies by improving and scaling citizen developers. Watch now.

Taiwanese chipmaker TSMC has announced with President Joe Biden that it will build a $12 billion factory in Arizona where it will build three-nanometer chips.

Biden and TSMC executives will be on hand for the announcement in Arizona. Apple and Nvidia should be the first customers of the chips, whose circuits are separated by three billionths of a meter.

“Chips are the engines that modernize and automate the world, driving human progress,” Nvidia CEO Jensen Huang said in a statement. “The future of mankind is linked to the chip industry. TSMC is the foundation of the global chip industry. Since our beginnings, NVIDIA has relied on TSMC to invent the GPU and accelerated computing, and revolutionize 3D graphics, scientific computing, AI, and self-driving cars. Our ongoing work in drug discovery and climate science would not be possible without them. Bringing TSMC's investment to the United States is a masterstroke and a game-changing development for the industry. »

Over the summer, Congress passed a bipartisan bill and Biden signed the Flea and Science Act into law. Based on the Build Back Better pledge, the bill provides $52 billion in subsidies for semiconductor production and research.

VentureBeat's mission is to be a digital marketplace for technical decision makers to learn about transformative enterprise technologies and transact business. Discover our Briefings.

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