Tim Cook and President Biden came to Arizona to announce plans for American-made chips

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Tim Cook and President Biden came to Arizona to announce plans for American-made chips
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“These chips will power iPhones and MacBooks, as Tim Cook can attest,” President Joe Biden said.

AMD and Nvidia will also be customers at TSMC’s Phoenix fab, which will start producing chips in 2024 and add a new site in 2026.Tim Cook joined other tech leaders in touting the advantages of buying chips made in the US.

“These chips will power iPhones and MacBooks, as Tim Cook can attest,” President Joe Biden said at an event outside the Arizona factory on Tuesday. “Apple had to buy all the advanced chips from overseas. Now we’re going to do more of their supply chain here at home.” The first Phoenix fab will make 4nm processors , with production slated to begin in 2024. The second fab will come online in 2026 and produce 3nm chips, which are the smallest and most complex processorsAll told, TSMC said it will invest $40 billion in its Arizona capacity, which is among the largest foreign direct investments ever made in US manufacturing.

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