TSMC Arizona announced Wednesday that it has broken ground on a 15-acre industrial reclamation water plant to support its ...

Combined with TSMC’s investment, the two companies have committed $108 billion to new advanced manufacturing facilities in Arizona, before TSMC’s additional $100 billion announcement.

Officials said the plant will enable the company to recycle "nearly every drop of water" it uses in the semiconductor manufacturing process.

Apple supplier TSMC has reached a preliminary agreement with Intel that will see TSMC operating Intel’s chipmaking facilities, reports The Information.