Taiwanese chipmaker sending more workers to speed up building of new Arizona plant

Taiwanese chipmaker TSMC said on Thursday it is sending more workers from Taiwan to the U.S. state of Arizona to help build a massive $40 billion factory to ensure its “fast ramp up.”

The first Arizona chip fabrication facility, or fab, is scheduled to be operational by 2024. A second facility nearby that is expected to make 3 nanometer chips — the most advanced currently in production — is due to be up and running by 2026.