TSMC Weighs Multi-Fab Texas Investment to Expand US Chip Output

The Taiwanese chipmaker is evaluating an investment in Texas, with reports indicating plans for up to six fabrication plants.

Taiwan Semiconductor Manufacturing Company (TSMC) is evaluating a potential investment in the state of Texas to expand its chip production capacity in the United States, news outlets MarketScreener and Seeking Alpha reported.

According to a report by Electronics Weekly, the Taiwanese company is considering the construction of up to six semiconductor fabrication plants in the state.

Further details regarding the overall financial scale of the planned investment, the specific locations in Texas, or a timeline for the project have not yet been released.