TSMC

TSMC is a leading semiconductor manufacturer with a strong commitment to green manufacturing practices. The company has announced plans to invest approximately US$40 billion in two fabrication facilities (fabs) in Phoenix, Arizona, creating thousands of high-paying jobs and producing over 600,000 wafers per year. These fabs will utilize advanced semiconductor manufacturing processes, including 3nm and 4nm technologies. TSMC has also started construction on a third fab in Arizona with plans to begin production in 2026. The company is working closely with the U.S. government, suppliers, customers, and partners to create a semiconductor ecosystem in the United States that will support innovation and better serve customers.

64%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This news site has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on its reporting.

Bias

85%

Examples:

  • The article mentions that the proposed US$6.6 billion in direct funding under the CHIPS and Science Act is non-binding, which means it's not yet clear if this amount will actually be provided. This could create uncertainty for TSMC and their plans to expand their operations in Arizona.
  • The article mentions TSMC's plans to build a third fab at TSMC Arizona, which will bring their total capital expenditure for the Phoenix, Arizona site to more than US$65 billion. This is presented as a positive development and an opportunity for growth, but it could also be seen as an attempt by TSMC to increase its market share and profitability.
  • The article quotes several executives from other companies (AMD, Apple) expressing their support for the CHIPS Act direct funding announcement and their partnership with TSMC. These statements are presented in a positive light, but they could also be seen as an attempt by these companies to promote themselves or gain favor with TSMC.

Conflicts of Interest

50%

Examples:

  • The article quotes several executives from other companies (AMD, Apple) expressing their support for the CHIPS Act direct funding announcement and their partnership with TSMC. These statements are presented in a positive light, but they could also be seen as an attempt by these companies to promote themselves or gain favor with TSMC.

Contradictions

85%

Examples:

  • According to Commerce Secretary Gina Raimondo, TSMC will produce 3nm chips at a facility in Arizona. The fab is slated to come online in 2028 and may make even more sophisticated chips with future technologies smaller than 2nm.
  • TSMC plans to build a third fab at TSMC Arizona, bringing its total capital expenditure for the Phoenix, Arizona site to more than US$65 billion. This contradicts their previous statements and financial reports that only accounted for two fabs in the area.

Deceptions

50%

Examples:

  • TSMC claims to offer its foundry service of the most advanced manufacturing technologies in the United States but uses 4nm and 2nm processes which have already been developed by other companies.

Recent Articles

  • TSMC's Q2 Earnings Surge: 40.1% Revenue Growth Driven by Demand for 3nm and 5nm Technologies and AI Chips

    TSMC's Q2 Earnings Surge: 40.1% Revenue Growth Driven by Demand for 3nm and 5nm Technologies and AI Chips

    Broke On: Thursday, 18 July 2024 TSMC reported strong Q2 results with a 40.1% revenue increase to NT$673.51 billion, driven by demand for 3nm and 5nm technologies, particularly in AI applications. Management expects continued growth in Q3 with revenue between $22.4-23.2 billion and gross profit margin of 53.5-55.5%. TSMC holds a 62% share of the global foundry market and plans to expand production capacity with N2 process starting mass production in H2 2025.
  • Biden Administration Announces $6.6 Billion Grant to Boost Global Chipmaker Production in Arizona, Creating Thousands of Jobs and Restoring US Leadership in Semiconductor Technology

    Biden Administration Announces $6.6 Billion Grant to Boost Global Chipmaker Production in Arizona, Creating Thousands of Jobs and Restoring US Leadership in Semiconductor Technology

    Broke On: Monday, 08 April 2024 The Biden administration has announced a $6.6 billion grant to Taiwan Semiconductor Manufacturing Company (TSMC) to boost global chipmaker production in Arizona, creating at least 6000 direct high-tech jobs and tens of thousands of indirect supplier and consumer jobs. The third factory is expected to open by the end of the decade.