TSMC's Arizona Chip Factory Faces Delays and Labor Shortages

1 min read
Source: CNBC
TSMC's Arizona Chip Factory Faces Delays and Labor Shortages
Photo: CNBC
TL;DR Summary

Taiwan Semiconductor Manufacturing Company (TSMC) has announced a delay in the production start of its new chip plant in Arizona until 2025 due to a shortage of skilled labor. TSMC, a major supplier for Apple, cited a lack of skilled workers to install advanced equipment at the facility as the reason for the delay. The company plans to send trained technicians from Taiwan to train local workers and accelerate the installation process. The delay highlights the ongoing efforts by the US to bring semiconductor manufacturing back to the country and reduce dependence on foreign suppliers.

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