Taiwan chip giant TSMC to build $12 billion US plant

Taiwan Semiconductor Manufacturing Company, the world's largest contract microchip maker, produces the processors that provide the computing muscle for everything from iPhones, laptops and games consoles to servers and critical internet infrastructure.

Construction for the facility in Arizona is set to start in 2021 with production of 5-nanometre chips - the smallest and fastest on the market - beginning in 2024, TSMC said.

Copyright Agence France-Presse, 2020

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