The Passive Times

CHIPS Act Factories Face Delays and Hurdles

CHIPS Act Factories Face Delays and Hurdles

Initially hailed as a symbol of U.S. chip independence, TSMC’s $40 billion Arizona project has seen numerous delays. Production at the first factory has been pushed back to 2025 due to a lack of local expertise, while the second factory’s launch is now expected in 2027-2028, citing tech choices and funding uncertainty. Intel’s $20 billion Ohio…

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