US Semiconductor Reindustrialization: Implications for the World

... large-scale construction of fabs across the United States. In 2022, Intel started building a $28 billion facility in Ohio ; Samsung initiated two plants in Texas worth about $40 billion; and TSMC decided to expand its Arizona site to three modules,... ... TSMC CEO C.C. Wei, the Arizona facility began mass production in the fourth quarter of 2024 using its N4 (4nm class) process technology, with performance comparable to its fabs in Taiwan. This marks the most advanced semiconductor production facility ...