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# Chipmaking giant TSMC delays production at Arizona factory, impacting President Biden’s technology goals

## Introduction
Chipmaking giant Taiwan Semiconductor (TSMC) has announced a delay in the start of production at its factory in Arizona, USA. This delay is seen as a setback to President Biden’s technology ambitions, as the White House aims to bring more chip production to the US.

## The reason behind the delay
TSMC cited a shortage of skilled workers as the reason for the delay. The company stated that chip manufacturing will no longer begin next year, and instead, advanced microprocessor production at the Arizona facility is now expected to commence in 2025.

## Efforts to overcome the shortage
TSMC Chairman Mark Liu mentioned that the company is working on improving the situation. They plan to send experienced technicians from Taiwan to train local skilled workers in the US for a short period of time. This strategy aims to address the shortage of workers with the specialized expertise required for equipment installation in a semiconductor-grade facility.

## Impact on TSMC’s financials
On the financial front, TSMC forecasted a 10% drop in sales for this year due to slower demand for semiconductors. Their profits have already fallen by around 23% compared to the same period last year, amounting to 181.8 billion Taiwanese dollars ($5.8 billion; £4.5 billion) in the three months ending June 2023.

## Background and ongoing trade row
TSMC’s plans to build a facility in Arizona were first announced in 2020 during Donald Trump’s presidency. However, an ongoing trade dispute centered on technology between the US and China has seen the US impose measures against China’s chipmaking industry. In response, the US has been investing billions of dollars to boost its own semiconductor industry.

## How AI legalese decoder can help with the situation
Amidst the shortage of skilled workers in semiconductor manufacturing, the AI legalese decoder can play a crucial role. This technology can help bridge the communication gap between foreign technicians and local workers by quickly converting technical documentation and legal contracts related to semiconductor manufacturing into plain and understandable language. By doing so, it simplifies complex technical jargon and assists in training local workers and aligning them with the specialized expertise required for efficient equipment installation in a semiconductor-grade facility. Additionally, the AI legalese decoder can aid in timely decision-making and facilitate effective collaboration between teams involved in the construction and operation of the Arizona factory.

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