TSMC plans to open chip packaging plant in Arizona by 2029, executive says

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Modern artificial intelligence chips, such as those made by Nvidia, are not single chips but several chips glued together with advanced packaging technologies, a step that has become a supply ‌bottleneck for Nvidia ⁠and others. ⁠In a January earnings call, TSMC said it was applying for permits to begin construction ​of its first advanced packaging plant in an existing Arizona facility, but did not give ​a timeline for when it will come online.