TSMC's U.S. chip plant start delayed to 2025 amid labor shortages

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced a delay in the start of mass production at its Arizona plant until 2025 due to a shortage of skilled workers and technicians needed to move equipment into the facility. The world's largest contract chipmaker cited the critical phase of handling and installing advanced equipment as the reason for the delay. Mass production was originally scheduled to begin in late 2024.