Taiwan Semiconductor to announce 2nd Phoenix factory during Biden visit. Company plans $40B investment

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TMSC's original investment would more than triple and the $40 billion stake would represent the largest private-sector investment ever in Arizona.

Taiwan Semiconductor Manufacturing Co.'s massive economic investment in Arizona is about to get much bigger.

Biden’s visit to TSMC is his first to the state as president. During the event, TSMC also plans to announce it will produce advanced, smaller, 3-nanometer chips by 2026 at that new factory, or fab. Executives from some of TSMC’s most visible suppliers and customers will attend the late morning and early afternoon event at the complex near 43rd Avenue and West Dove Valley Road. The dignitaries include Apple CEO Tim Cook, TSMC founder Morris Chang, Micron Technology CEO Sanjay Mehrotra and NVIDIA Corp. CEO Jensen Huang. Apple has announced plans to buy chips made at the north Phoenix facility.

In addition, Biden is expected to argue that Arizonans overall are feeling positive impacts from his economic policies through a relatively low unemployment rate and job creation that, he said, is helping working families including disadvantaged groups. In August, for example, the National Telecommunications and Information Administration announced $105 million for high-speed internet projects in tribal areas in Arizona.

In fact, TSMC said it's planning an on-site industrial water reclamation facility that it claims will result in nearly no liquid discharge.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Better smuggle Taiwanese chip scientists out of Taiwan to run things.

Biden visit. What a joke.

American pirates robbed TSMC,shameless person. Morris Chang,Mark Liu and Tsai Ing-wen,you are alltraitors,accomplice of American pirates

Democrats get it done.

How many H-1B visas will that be?

No thanks

Maybe they will move to Texas or Florida under the new faux governor.

Thank you President Trump for your foresight in 2019 and 2020 in working with Tiawan to create this.

1. A thirsty business – A large production facility (Fab) uses up to 4.8 million gallons per day. Where will the water come from, not Katie Hobbs house that is for sure!!

How much water will it use?

Thanks Mr. Biden, all your hard work is paying off, unlike 45 who did nothing other than play golf and twitt 24/7

Thanks to Trump and DougDucey. Such a shame for AZ economic future Katie Hobbs is gov. Can you imagine her making a pitch to companies to move their business here? Yikes

CTrevorNelson No thanks to DebbieLesko and andybiggs4az

Home much are the illegals costing America everyday as they flow across border.

There goes water supply

The destruction of Arizona.

Made in America. Guess this won’t be the lead on Faux News.

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