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Why are there so many semiconductor fabs in Arizona?

Why are there so many semiconductor fabs in Arizona?

As semiconductor producers are building new plants in the United States, Arizona has regularly been a top site, as the state offers a favorable tax and regulatory climate, competitive utility rates, and skilled workers.

Why are fabs being built in Arizona?

New technologies born here will improve the lives of every person on the planet. The two new fabs in Arizona will support Intel’s product expansion requirements and provide committed capacity for the recently announced Intel Foundry Services (IFS).

Why are semiconductor fabs dotting Arizona the Silicon Desert?

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One popular location is (somewhat surprisingly) Arizona. Known for its lower cost of living, lower personal and corporate taxes, more affordable housing, and fewer regulatory hoops, several major semiconductor manufacturers have announced plans to build manufacturing facilities in the Phoenix area and beyond.

Why are chip manufacturers building in Arizona?

TSMC is Building a New Chipmaking Plant in Phoenix, Arizona to Help With Ongoing Chip Shortage. TSMC or the Taiwan Semiconductor Manufacturing Company may not be a famous firm, but it currently has a market value of more than $500 billion. It is one of the most valuable companies worldwide.

Why do fabs use so much water?

A factory or “fab” for making semiconductors needs a lot of water to operate. It’ll guzzle between 2 to 4 million gallons of water a day by some estimates, using the water to cool down equipment and clean silicon wafers. That’s about as much water as 13,698 to 27,397 Arizona residents might use in a day.

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Where in Arizona will TSMC build?

Ltd.’s 1,128-acre manufacturing plant under construction near Interstate 17 and Loop 303 in north Phoenix. In the first phase alone, TSMC is creating jobs for 1,900 people, giving homebuilders a captive audience of employees when production begins at the plant in 2024.

Why do fabs need water?

Does Arizona produce silicon?

TSMC first announced plans to build an Arizona plant back in 2020. The company issued $743 million of bonds in 2021 to fund construction of the facility, and broke ground on the project in Phoenix, Arizona in June. The plant will reportedly have the equipment to produce 5-nanometer silicon.

Where is TSMC fab in Arizona?

Why is TSMC moving to Arizona?

The move comes as Taiwan Semiconductor Manufacturing Co (TSMC) said it wants to build a plant in Phoenix. Chris Camacho of the Greater Phoenix Economic Council said his group is working to co-locate as many TSMC suppliers and other associated companies to the area as possible.

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Where is Taiwan semiconductor located in Phoenix?