In cursory: Structure of a $12 billion flake constitute in Arizona is "well under way," Taiwan Semiconductor Manufacturing Company (TSMC) CEO C.C. Wei confirmed during a recent presentation at the company's annual technology symposium. Should everything become according to program, the fab will be ready to enter book product in 2024.

TSMC roughly a year ago said it planned to build a 5nm plant in Arizona with a 20,000 semiconductor wafer per month capacity that would create north of i,600 tech jobs in the region. Last November, Phoenix city officials agreed to provide upwardly to $205 million to help develop infrastructure relating to the projection, but a lot more coin could be coming through regime subsidies.

Wei during the presentation reiterated that TSMC remains on runway to start volume production of 5nm chips in 2024.

Concluding month, bearding sources told Reuters that TSMC was preparing to build as many equally six total fabs in Arizona over the coming years.

A few weeks afterward, DigiTimes reported that TSMC was already in the process of manufacturing the A15 Bionic processor that'll exist used in next-generation iPhones. The A15 Bionic is expected to be built on a refined version of the 5nm process used to create concluding twelvemonth's A14 Bionic.

Image credit Michael Half-dozen, Marco photograph