According to Reuters, chip foundry TSMC announced on June 1 that the company's new $12 billion chip plant has begun construction in Phoenix, Arizona.
TSMC executives also pointed out that the next generation of 3nm process technology chips is advancing as planned, intending to start mass production in the second half of next year. TSMC's investment will reach $30 billion this year and $100 billion in total over the next three years.