TSMC to up Arizona investment to $40 billion with second semiconductor chip plant

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The company will also announce it will be producing more technically advanced chips than originally proposed.

The investment by TSMC is one of the largest foreign investments in U.S. history, and the largest in the state of Arizona.

Once the TSMC plants open, they will produce enough chips to meet the U.S. annual demand, 600,000 wafers per year, according to Ronnie Chatterji, National Economic Council acting deputy director for Industrial Policy who oversees CHIPS implementation.

 

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and what did taiwan get in return? you know there's something

Biden is a crook and anyone who associates with him is also a crook Guilty by association

Shipped hundreds of engineers from TW, and sold billion dollar weapon to TW. The small island looks like a little cash cow to Uncle Sam.

Amazing! Thank you Biden POTUS

Republicans will be so mad

Joe Biden sells America for $40 Billion dollars to the Chinese

Another Biden W.

I love JoeBiden. I said it! He’s a Good Man who never gives up: a survivor who’s been through Hell several times, standing on top of a tall stack of historic achievements. This epic Twitter Thread by David Rothkopf details just some of the reasons why:

Or, as Republicans call it more bad news. see my pinned tweet plz

WHCOS POTUS the jobs President!

Wow.. Biden can't figure out how to get to our boarders but... TSMC Taiwan !! TAIWAN semi wants to build a manufacturing plant in AZ.. right next to our only American Chip manufacture Intel... and Sleepy Joe finds his way to AZ to welcome a Taiwan company. WTF !!!

Manufacturing continuing to grow...always good news.

Or, as Republicans call it more bad news.

Why AZ? There is no damn water and that state will be gone in a few decades

President Biden has focused attention to vital American redevelopment agenda.

2 words…. Made in America 😂

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TSMC Raises Arizona Chip Investment to $40 Billion as Biden VisitsTSMC, the world’s largest contract chip maker, plans to build a second semiconductor factory in Arizona and increase its investment there to $40 billion, the White House said Sweet. My tax dollars are going to fund a foreign company’s venture. So much better than the regular domestic corporate socialism I’m used to 🙄 Of course, I'm pretty sure Pelosi has stocks. Did you leave out how much the American taxpayer is paying for this plant?
Source: WSJ - 🏆 98. / 63 Read more »