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Biden Gets Victory Lap With $12 Billion TSMC Plant, Arizona Wins

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The Dec. 6 “first tool-in” ceremony, in which TSMC will symbolically move equipment into a building, will be attended by company founder Morris Chang, Chairman Mark Liu, and Chief Executive Officer C.C. Wei. TSMC announced in 2020 that it would build the plant and has said that it expects to begin production in 2024, initially making 20,000 wafers of relatively advanced 5-nanometer chips per month. 



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