Official announcements from TSMC or credible financial news sources like Bloomberg

TSMC's Arizona Plant Surpasses Taiwan in Chip Yields by 4 Points, Boosting US Efforts

Oct 24, 2024, 07:40 PM

TSMC's Arizona chip manufacturing plant has achieved early production yields that surpass those of its facilities in Taiwan by 4 percentage points. This development marks a significant breakthrough for the US semiconductor push, which has been driven by the CHIPS for America Act. The achievement is seen as a major win for US domestic chip manufacturing efforts, particularly given the initial delays and worker strife faced by the Arizona project. The higher yields at the Arizona plant, located in Phoenix, are expected to bolster US national security and economic interests. This information was reported by Bloomberg, and TSMC's stock ticker is $TSM.