TSMC in Talks To Produce Blackwell AI Chip for Nvidia in Arizona, Report Says

Group 1 - Taiwan Semiconductor Manufacturing Co. (TSMC) is in discussions with Nvidia to manufacture Blackwell chips at TSMC's new facility in Arizona [1][2] - TSMC plans to commence production of these AI chips in early next year, which have previously been produced in Taiwan [2] - Although the chips will be manufactured in the U.S., they will need to be sent back to Taiwan for packaging [2] Group 2 - The Biden administration has allocated $6.6 billion in federal funding to support TSMC's Arizona factory complex [3] - TSMC is recognized as the world's largest contract chip manufacturer, with notable clients including Apple and Broadcom [3] - TSMC's American depositary receipts (ADRs) have nearly doubled in value this year, reflecting strong market performance [3]