Apple supplier TSMC will reportedly open a chip plant in Arizona [Updated]

TSMC is one of Apple’s largest suppliers, and it’s behind the manufacturing of Apple’s lauded A-series processors. And a new report suggests the company is going to make a big bet on a factory in the United States.

UpdatedTSMC has confirmed the plans to open a chip plant in the state of Arizona.

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That’s according to a new report from The Wall Street Journal today. Nothing is official just yet, as the report suggests TSMC will be making an official announcement on the plans at some point in the near future — as soon as Friday, apparently. The report says the company’s board finalized the decision on Tuesday of this week, and, if all goes according to plan, the plant would be up and running by the end of 2023 at the earliest.

When/if it does open, this plant would be tasked with producing 5nm chips. These are the current leaders when it comes to power efficiency and speed, according to the report. It’s expected that Apple’s upcoming A14 chip, which would be under the hood of the 2020 iPhone lineup, will be manufactured using the 5nm process.

Some details are missing from the report. Just how much all of this will cost, for instance, or whether or not TSMC is getting any financial incentives from the United States government to make it happen. There is no word on just how many jobs it would be bringing to Arizona when the factory opens, either.

You can check out the full report from The Wall Street Journal.