It is rumored that TSMC will send thousands of engineers to the US fab

In early November, TSMC has sent 300 employees on a charter flight to the United States. In the next few months, there will be 6 charter flights to send a total of more than 1,000 engineers and their families to the United States.

According to Taiwan media "Business Weekly", the engineers sent by TSMC to the United States are not only the main force of the company's Arizona fab, but also the key talents for the revitalization of the semiconductor industry in the United States.

It is reported that TSMC's Arizona fab will hold a "first machine transfer" ceremony in early December. According to market news, TSMC will invite US President Biden to attend. In this regard, TSMC did not confirm, but only stated that it plans to invite guests including customers, suppliers, academics and government representatives in December to celebrate the important milestone of the first batch of machinery and equipment arriving at the factory.

TSMC pointed out that with the arrival of machinery and equipment, it means that the factory building has been partially completed, and it will be ready to move into the first batch of cutting-edge equipment for semiconductor manufacturing; the 5-nanometer factory in Arizona started about 18 months ago. The progress is as expected, and mass production will start in 2024, with a monthly production capacity of 20,000 pieces.

The "settlement" of TSMC has also brought major benefits to the local area. The Phoenix Economic Development Promotion Association (GPEC) estimates that this factory area will create nearly 4,300 direct and indirect employment opportunities within 10 years, which is equivalent to creating a new economy for the region. Increase the number of semiconductor jobs by another 20%. At the same time, local housing prices have also "increased." According to the survey, the median house price in the Phoenix area has risen from US$290,000 in 2020 to nearly US$450,000 in October this year.