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 did not ​immediately respond to a ‌Reuters request for 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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