Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
In December 2022, Taiwan Semiconductor Manufacturing Company, the key maker of the world’s most cutting-edge chips, said it planned to spend $40 billion in Arizona on its first major U.S. hub for semiconductor production.The much ballyhooed project in Phoenix — with two new factories, including one with more advanced technology — became a symbol of President Biden’s quest to spur more domestic production of chips, the slices of silicon that help all manner of devices make calculations and store data.Then last summer, TSMC pushed back initial manufacturing at its first Arizona factory to 2025 from this year, saying local workers…