CNBC | Secretive Giant TSMC’s $100 Billion Plan To Fix The Chip Shortage

CNBC | Secretive Giant TSMC’s $100 Billion Plan To Fix The Chip Shortage

Isabella Perera, Access Partnership’s US Manager, recently spoke with CNBC on the reasons behind the steep decline in production of semiconductors in the US over the last few decades. Taiwan Semiconductor Manufacturing Company makes 24% of all the world’s chips, and 92% of the most advanced ones found in today’s iPhones, fighter jets and supercomputers. Now TSMC is building America’s first 5-nanometer fabrication plant, hoping to reverse a decades-long trend of the U.S. losing chip manufacturing to Asia. CNBC got an exclusive tour of the $12 billion fab that will start production in 2024.

Watch below:

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