TSMC’s New Arizona Fab! Apple Will Finally Make Advanced Chips In The U.S.

Apple

On 1,100 acres in the Arizona desert north of Phoenix, a newly completed 3.5-million-square foot building is making history as the most advanced chip fabrication plant on U.S. soil. It’s Taiwan Semiconductor Manufacturing Company’s first of three Arizona fabs, which will total a $65 billion investment when they’re complete at the end of the decade. Apple has committed to being the site’s largest customer. Full production has been delayed until 2025, but pilot production has begun. CNBC got an exclusive first look at the fab, where TSMC chairman Rick Cassidy says the project is “dang near back on the original schedule.”

Chapters:
00:00 – Introduction
2:19 – ‘Dang near back’ on schedule
6:13 – Why reshoring matters
9:57 – Securing CHIPS Act funds
12:10 – Workers, water, and power

Credits:
Produced and Shot by: Katie Tarasov
Edited by: Evan Lee Miller
Additional Camera: Andrew Evers, Eric Clark, Jordan Smith
Supervising Producer: Jeniece Pettitt
Animation: Jason Reginato, Christina Locopo

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street’ to 'Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC