At the beginning of 2023, TSMC, the world’s largest chip maker, began construction on a second chip fabrication plant near Phoenix, Ariz. For Biden, TSMC’s two plants represented of his CHIPS Act incentive program.

Source: https://www.computerworld.com/article/3711413/why-billions-of-chips-act-dollars-have-not-been-distributed.html

Battlemage will reportedly run on TSMC’s 4nm node and see a die shrink from 406mm to around 376mm - or a similar size to NVIDIA’s GA103 die.

Source: https://hothardware.com/news/intel-battlemage-tipped-for-beastly-core-upgrade-and-over-3ghz

However, the Street disagrees with that statement, and I would argue that despite my calculations, there’s nevertheless a case to be made that TSMC’s shares represent an upside at the current levels.

Source: https://seekingalpha.com/article/4606331-tsmc-hostage-of-beijing?source=feed_all_articles

Intel is reportedly planning to invest heavily in TSMC’s 3nm technology for its future products.

Source: https://seekingalpha.com/article/4659440-tsmc-vs-intel-only-1-can-win?source=feed_all_articles

Raimondo said Commerce has a small NEPA team that’s focused on streamlining the process for particular facilities, like TSMC’s in Arizona or Intel’s in Ohio.

Source: https://www.datacenterknowledge.com/regulation/raimondo-warns-us-chips-push-faces-long-delays-permit-process