09:10 AM EDT, 09/06/2024 (MT Newswires) -- Taiwan Semiconductor Manufacturing ( TSM ) achieved productivity levels at its Arizona facility on par with its Taiwan-based plants, an indicator its big US project is on the right path, Bloomberg reported, citing a person familiar with the matter.

In trial production at its first advanced US plant, the chipmaker's yield rate was similar to that of its corresponding facilities in Tainan, Taiwan, the person reportedly told Bloomberg.

TSMC did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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