The support will bring TSMC's investment in Arizona to $65 billion and funding from the CHIPS and Science Act will help the company train and develop workers.A major semiconductor manufacturing company that is already building two plants in the north Valley is receiving a major investment from the Biden administration that will allow the company to build a third plant, the administration announced Monday morning. , the Biden administration and the U.S.
Construction began on the facility in April 2021 and was completed in July 2022. President Biden visited and toured the facility in December 2022. That was also when the company announced they would build a second semiconductor plant in Phoenix. The company currently has more than 2,200 employees in Arizona and more than 12,000 construction workers are on-site daily. Monday's announcement comes just a few weeks after the Biden administration announced that it will invest $8.
Arizona has four Intel microchip manufacturing plants, which is more than anywhere else in the nation. Intel is currently building two new production facilities at its 13,000-employee Ocotillo campus in Chandler. Arizona ofrecerá 9,000 nuevos puestos de trabajo después de que el gobierno federal invierta miles de millones de dólares en la compañía IntelYou can now watch 12News content anytime, anywhere thanks to the 12News+ app!
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: 12News - 🏆 586. / 51 Read more »
Source: ForbesTech - 🏆 318. / 59 Read more »