According to CNBC reports, TSMC’s wafer fab in Phoenix, Arizona, USA, will produce 5nm chips starting in 2024. The company said that the monthly production capacity will reach 20,000 wafers by then.

The report pointed out that Rick Cassidy, TSMC's chief strategy officer and Arizona project chief executive, said that the fab capacity will focus on the production of CPUs, GPUs, and IPUs for smartphones.

The report also said that at present, there is no factory in the United States that can produce 5nm chips, and TSMC is changing this status quo.

"If you want more capacity, you have to build more fabs. This is one of the reasons why we moved to the United States," Cassidy said. "Our customers want us to stay in the United States, and the US government wants us to stay here. ."