TSMC'S ARIZONA CHIP PRODUCTION YIELDS SURPASS TAIWAN'S IN WIN FOR US PUSH

Summary from the TLDR newsletter

Taiwan Semiconductor Manufacturing Co. (TSMC) has achieved early production yields at its first plant in Arizona that surpasses similar factories back home. The share of chips manufactured at the facility that are usable is about four percentage points higher than comparable facilities in Taiwan. The yield is critical as it determines whether companies will be able to cover the enormous costs of a chip plant. The accomplishment is a sign of progress for US efforts to revitalize local semiconductor manufacturing.