Intel CEO Pat Gelsinger visited Taiwan today to meet and communicate with supply chain manufacturers such as PCs and servers. Congratulations on Twitter.
Intel itself has had a factory in Arizona since 1980 and is building a new one. Pat Gelsinger said that he is very happy to welcome friends from TSMC. TSMC today held a celebration ceremony for the arrival of the first batch of machines and equipment in Arizona, USA, and demonstrated its support for American manufacturing; we firmly believe that a diverse and resilient layout under globalization can bring benefits to semiconductor manufacturing operations value.
Pat Gelsinger also mentioned that Arizona has excellent engineering talents and is an ideal location for semiconductor manufacturing; since Intel started semiconductor manufacturing there in 1980, it has been committed to the cultivation of local ecosystems and talents. With Intel, TSMC and others continuing to invest in the region, Arizona’s talent will play an important role in the future of the semiconductor industry.
Intel is working to boost its manufacturing capacity as it grapples with falling revenue and a sharp drop in demand for personal computers, which account for more than half of its sales. The company said in October that actions including layoffs and slowing spending on new factories would save $3 billion next year, with annual cuts growing to $10 billion by the end of 2025.
In addition to the first fab in Arizona, which is scheduled to begin production on N4 process technology in 2024, TSMC has also announced the start of construction on a second fab, scheduled to begin production on 3nm process technology in 2026. The combined investment in the two fabs is approximately $40 billion, the largest foreign direct investment in Arizona history and one of the largest in U.S. history.
TSMC held a celebration ceremony for the arrival of the first batch of machines and equipment in Arizona. U.S. President Joe Biden attended, and TSMC’s main customers Apple CEO Cook and Nvidia CEO Huang Renxun were present.
