TSMC’s Arizona Facility Hit Hard by Profit Drop as Rising Operating Costs Give a Reality Check to the “Made in USA” Narrative

TSMC's Arizona facility has been a massive 'landmark' for America's chip industry, but rising costs have taken out an enormous chunk of profits, putting pressure on the firm's operations.

TSMC's US Operations Are Getting a Lot More Costlier, Especially With the Push For Advanced Chip Manufacturing

The investments made by the Taiwan chip giant in the US were seen as an optimistic development, considering that they have opened up the prospect of America having an independent supply chain. However, according to a report by the Taiwanese media outlet Ctee , it is disclosed that TSMC's US operations saw a huge QoQ decline in profits, from NT$4.232 billion to NT$41 million, associated with the massive semiconductor buildout the company is involved in. Moreover, plans to introduce high-end no