Arizona TSMC plant: Governor claims it might be upgraded from a ‘paperweight’

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After an analyst described the Arizona TSMC plant as a ‘paperweight’ – due to the fact that all the chips it makes will have to be sent to Taiwan for the final stage of production – the state’s governor has claimed that this might change.

Governor Katie Hobbs said during a visit to TSMC in Taiwan that the state and the Apple chipmaker are “talking” about upgrading the capabilities of the plant …

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Arizona TSMC plant: Governor claims it might be upgraded from a ‘paperweight’

After an analyst described the Arizona TSMC plant as a ‘paperweight’ – due to the fact that all the chips it makes will have to be sent to Taiwan for the final stage of production – the state’s governor has claimed that this might change.

Governor Katie Hobbs said during a visit to TSMC in Taiwan that the state and the Apple chipmaker are “talking” about upgrading the capabilities of the plant …

more…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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