Apple to Expand Arizona Chip Production Commitment

Thanks to the Taiwan Semiconductor Manufacturing Co. plant just north of Phoenix, Arizona will receive a significant slice of Apple Inc.’s recent $500 billion U.S. commitment to invest in various plants throughout the country.

Apple’s recent announcement amounts to the largest such capital outlay in the tech company’s history. The plan calls for Apple to double the size of its U.S. Advanced Manufacturing Fund from $5 billion to $10 billion, which includes a multibillion-dollar commitment from Apple to produce advanced silicon in TSMC’s Fab 21 facility in Arizona.

Apple Inc. (Nasdaq: AAPL)
Sumit Gupta | Sr. Director Products, AI, Data Centers & Infrastructure
TSMC North America
Dave Keller | CEO, TSMC North America

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