The company's chairman, Mark Liu, stated that TSMC would continue to expand its capacity on the island. The news of the mass production of chips with 3-nanometer technology comes as attention turns to the company's investment plans at home and abroad. TSMC is a leading maker of advanced chips in various technology, including cell phones and fighter jets.
TSMC to Invest $40 Billion in Arizona Plant
Earlier this month, TSMC announced that it would triple its planned investment at its new plant in Arizona to $40 billion. This will be one of the most significant foreign investments in U.S. history. The Taiwanese company, which counts Apple and Nvidia among its major clients, is also building a chip plant in Japan and is reviewing the potential for expansion into Germany.
TSMC's Investment in Taiwan
In response to concerns that TSMC's foreign investment could undermine Taiwan's key position in the semiconductor industry, Liu said that the mass production in Taiwan is a demonstration that the company is "taking concrete action to develop advanced technology and expand capacity in Taiwan." The Taiwanese government has dismissed concerns about a trend of the chip industry "saying goodbye to Taiwan," stating that the island's position as a significant semiconductor producer and maker of the most advanced chips is secure.
3-Nanometer Technology to Have Market Value of $1.5 Trillion
Liu stated that the mass production was successful and had good yields, and added that the new 3-nanometer technology would create end products with a market value of $1.5 trillion within five years. TSMC also announced that it is working on building factories for the next generation of 2-nanometer chips, which will be manufactured in northern and central Taiwan. The company has repeatedly stated that most of its manufacturing will remain in Taiwan.