$Taiwan Semiconductor Manufacturing(TSM)$

According to a new article from the Nikkei Asian Review, the Taiwan Semiconductor Manufacturing Company (TSMC) is having trouble setting up its chip manufacturing facility in the United States.

According to current plans, TSMC is building a $12 billion plant in Arizona that will manufacture semiconductors using the company’s 7-nanometer (nm) chip manufacturing node once it is operational in 2024.

Limited recruiting possibilities and a lack of a critical ecosystem in a foreign country, however, are posing challenges for the world’s largest contract chip manufacturer, according to The Review, especially as it competes with Intel Corporation’s $20 billion facility expansion in the same state.