The TSMC Arizona chip plant is behind schedule, over budget, and the subject of contention in online forums – and now an analyst says that it will be little more than a useless paperweight, even when it does finally begin production.
Not only will it only make chips for older Apple devices, but it can’t even complete the process of making those without sending them back to Taiwan for final assembly …
The TSMC Arizona chip plant story so far
This whole thing was supposed to be a win-win. The US CHIPS Act successfully persuades TSMC to build a chipmaking plant in Arizona, and it makes chips for Apple devices (albeit only older ones). TSMC gets a chunk of cash to subsidize a new plant; Apple gets positive press for buying US-made chips; and jobs are created for US workers.
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