TSMC is to build a third fab in Arizona and will manufacture 2nm ICs in the US starting in 2030.

“For the first time ever, we will be making, at scale, the most advanced semiconductor chips on the planet here in the United States of America,” said US Commerce Secretary Gina Rainindo, overlooking the fact that the US invented the chip industry and was the largest and most advanced producer for decades. 

On top of the $6.6 billion, TSMC will get  $5 billion in loans and a 25% tax credit on capex.

Raimondo said 14 suppliers are planning to construct or expand US  plants to supply the TSMC fabs.

 TSMC’s first Arizona fab  will make 4nm chips starting in 2025. The second fab will make 3nm and 2nm chips starting in 2028 and the third will make 2nm chips.

TSMC has been awarded around $8 billion by the Japanese government to build two fabs in Japan.