Following rumours, Apple CEO Tim Cook confirmed that the company will use chips manufactured at the TSMC Arizona plant. He made the remarks during the opening ceremony of TSMC Arizona’s first fab, which is set to start producing N4 process technology in 2024.
TSMC also said that it has started building a second fab, which will start making 3 nm process technology in 2026, as had been reported before.
The total investment for these two fabs will be around US$40 billion, making it the largest foreign direct investment in Arizona history and one of the largest foreign direct investments in US history. It was worth $12 billion.
Apple CEO Tim Cook stated at the event:
Dr. Mark Liu, Chairman of TSMC, said during the opening ceremony:
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