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Taiwanese company cites high costs and shortage of skilled personnel as it pushes to open $12 billion factory next year
TSMC founder Morris Chang said the company plans to produce chips with advanced 3-nanometer technology in Arizona.Photo: Walid Berrazeg/Zuma Press
The $12 billion Arizona semiconductor plant under construction that President Biden is visiting Tuesday represents U.S. hopes for a renaissance in manufacturing, but the Taiwanese company building it says it won’t be easy.
High costs, lack of trained personnel and unexpected construction snags are among the issues cited by Taiwan Semiconductor Manufacturing Co. as it rushes to get the north Phoenix factory ready to start production in December 2023.
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