10/9/2017 03:01 PM EDT
SAN FRANCISCO — A 3mn fab being planned by chip foundry giant TSMC is likely to cost more than $20 billion to build and equip, TMSC Chairman Morris Chang told the Bloomberg news service.
TSMC announced last week it would locate what is the world's first announced 3nm fab in the Tianan Science Park in southern Taiwan, laying to rest speculation that TSMC might build the fab in the U.S. or elsewhere outside of Taiwan. TSMC did not give a timeframe for the fab's completetion, but has said in the past it would build a 5- or 3nm fab as early as 2022.
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