TSMC's Second Arizona Chip Factory Faces Production Delays

TSMC's Chairman Mark Liu predicts significant delays at the company's second chips plant in Arizona, with volume production of advanced chips potentially not starting until 2027 or 2028. The delays may be attributed to a lack of Chips Act funding from the US government, as leading chip manufacturers ramping up efforts in the US have not yet been approved for funding. TSMC is in communication with the US government on incentive and tax credit support, and the company's second Arizona plant might not start producing the 3-nanometer chip as previously stated.