TSMC Delays Arizona Chip Output to 2025 on Worker Shortages

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. said production at a planned facility in Arizona will be postponed from late 2024 until 2025, an ominous delay as Washington tries to establish a more robust chip industry.

Chairman Mark Liu said there are several challenges that TSMC faces at the U.S. facility, including a shortage of skilled workers and expenses running higher than in Taiwan. The company is shifting some employees to Arizona to help with the development.