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C.C. Wei, the CEO and Chairman of TSMC, highlighted the challenges of establishing a new factory in Arizona, noting that the process has taken at least twice as long as similar projects in Taiwan, TSMC, as you know, supplies companies like Apple and Nvidia with top-shelf silicon. TSMC is investing $65 billion in three massive facilities in Arizona. Despite this expansion, the company has reaffirmed that most of its chip production, especially for its cutting-edge technologies, will remain centered in Taiwan.
At the university event, Wei elaborated on specific hurdles, including a lack of skilled labor, supply chain inefficiencies, and the absence of clear regulations for constructing chip plants in the US. To address regulatory challenges, TSMC created 18,000 compliance rules at a cost of $35 million, funding a specialized team to collaborate with local authorities.
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