Fire units responding to explosion at TSMC plant in Phoenix, newspaper reports

Firefighters in Phoenix, Arizona, responded to a reported explosion on Wednesday afternoon at the Taiwan Semiconductor Manufacturing Company 2330 plant in the city, the Arizona Republic reported, citing the local fire department.

In May 2020, TSMC said it would invest $12 billion in Phoenix to build an advanced semiconductor manufacturing fabrication. In December 2022, the company announced plans to build a second fab in the region, increasing its total investment to $40 billion.

The Phoenix fire department didn't immediately respond to a Reuters request for comment.