Construction Delays and Rising Costs Hinder Intel and TSMC's Arizona Projects

Key suppliers for Intel and TSMC's semiconductor plants in Arizona face setbacks due to escalating construction costs and labor shortages.

Intel and TSMC's semiconductor fabrication plants in Arizona are experiencing delays as key suppliers struggle with rising costs and labor shortages.
Suppliers have paused or scaled back their construction plans, impacting the timeline for Intel and TSMC's chip production facilities.
The cost of building a plant in Arizona is now several times higher than initially expected, prompting some suppliers to reconsider their expansion strategies.
Intel and TSMC are among the primary beneficiaries of the CHIPS Act funding, aimed at subsidizing the construction of advanced semiconductor factories in the US.
The delays in supplier construction projects may affect Intel and TSMC's production plans, with operational timelines potentially being pushed back.