TSMC evaluates potential Texas investment, sources say

By Wen-Yee Lee ‌and Fanny ​Potkin

TAIPEI, ​Sept 30 (Reuters) - Taiwan's TSMC, the world's largest contract chipmaker, is evaluating a ‌potential investment in Texas to expand chip ⁠production in the US, two sources familiar with ‌the matter said.

The potential ‌investment would be in addition to the $265 billion TSMC has already committed to Arizona, one ​of the sources said.

The plans have not been finalised, the sources said, speaking ⁠on condition of anonymity because they were not authorized to speak ​to the media.

Taiwanese media first reported the development this week, citing unnamed ​industry sources.

TSMC declined to comment.

The ‌company unveiled in July a further $100 billion investment in Arizona, expanding its ⁠previously pledged investment there to $265 billion to build semiconductor manufacturing facilities.

Chief Executive C.C. Wei said at ⁠the time that "probably additional four or more fabs will ​be built," referring to both front-end and back-end facilities.

Including current and planned projects, TSMC's Arizona operations will ‌comprise 12 fabrication and advanced packaging facilities as well as an R&D ‌centre.

Chief Financial Officer Wendell Huang told Reuters ⁠in July that ‌the company would ​continue to invest in the United States.

(Reporting by Wen-Yee Lee, Editing by Louise ‌Heavens)

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