Chip maker TSMC plans multibillion-dollar Arizona factory expansion - WSJ

FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. REUTERS/Tyrone Siu

(Reuters) - Taiwan Semiconductor Manufacturing Co Ltd is preparing a multibillion-dollar factory investment in Arizona in the United States, the Wall Street Journal reported on Wednesday, citing sources.

The scale of the investment is expected to be roughly similar to the $12 billion it committed two years ago, according to the report.