TSMC begins producing 4-nanometer chips in Arizona, Raimondo says

WASHINGTON, Jan 10 (Reuters) - Taiwan Semiconductor Manufacturing Co 5425.TWO has begun producing advanced 4-nanometer chips for U.S. customers in Arizona, Commerce Secretary Gina Raimondo told Reuters, a milestone in the Biden administration's semiconductor efforts.

In November, Commerce finalized a $6.6 billion grant TSMC's U.S. unit for semiconductor production in Phoenix, Arizona. "For the first time ever in our country's history, we are making leading edge four-nanometer chips on American soil, American workers -- on par in yield and quality with Taiwan," Raimondo told Reuters in an interview.

(Reporting by David Shepardson)

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