Taiwan Semiconductor Manufacturing confirmed it started commercial production at its Phoenix complex during fourth quarter when profits surged 57%.

Business is booming for Taiwan Semiconductor Manufacturing Co. with the global computer chip maker reporting a surge in Q4 revenue and big plans in 2025 as full production gets underway at its new factory in Phoenix.

Taiwan Semiconductor Manufacturing Co has begun producing advanced four-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

Apple is already testing the initial batch of processors produced for its devices by TSMC Arizona, reports Nikkei Asia. To begin with, the tests intend to compare the Arizona output to see if the quality is similar to chips produced in TSMC’s cutting-edge fabs in Taiwan.

TSMC's chip foundry in Arizona is not just making one Apple chip, as a second Apple design is reportedly now in production at the facility.

The Taiwan Semiconductor Manufacturing Co. is officially producing advanced manufacturing chips in Phoenix, the company confirmed on an overnight earnings call. Why it matters: According to U.S. Commerce Secretary Gina Raimondo,

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