TSMC Delays 3nm Chip Production in Arizona to 2027 or 2028

Lack of U.S. Government Cooperation and Overseas Challenges Cited as Reasons for Delay

TSMC, the world's largest contract chipmaker, has announced a delay in the development of its 3nm chip production facility in Arizona, now expected to commence production by 2027 or 2028. The delay is attributed to a lack of cooperation from the US government and challenges in overseas facilities.
The delay could have significant implications for tech firms such as Apple, who rely on TSMC for their products. The delay also raises questions about the relevance of the 3nm node by 2027.
TSMC's Chairman, Mark Liu, disclosed that the development of the facility depends on the extent of cooperation by the US Government in the form of subsidies and providing necessary resources.
Intel CEO Pat Gelsinger commented that China's semiconductor development would lag a decade behind leading countries due to U.S. sanctions on crucial chipmaking components.
TSMC also announced a bullish outlook for 2024, projecting a 20% jump in revenue, driven by the rising emergence of AI-related applications.