TSMC Will Triple Arizona Investment To $40 Billion, Among Largest Foreign Outlays In U.S. History

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Taiwan Semiconductor Manufacturing Co., one of the world’s largest semiconductor makers, said this week it will more than triple its planned investment in Arizona to $40 billion from a previously announced $12 billion.

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The new $28 billion of funds unveiled today would be for a second facility that would use TSMC’s current leading-edge three nanometer process technology beginning in 2026. Its first facility is scheduled to start production in 2024.

 

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Biden may suck but he’s doing a few good things that I wish republicans had done.

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TSMC triples Arizona chip plant investment, Biden hails projectTaiwanese chipmaker TSMC on Tuesday said it would more than triple its planned investment at its new Arizona plant to $40 billion, among the largest foreign investments in U.S. history, as President Joe Biden visited and hailed the project. “American Factory Season 2 by Joe Biden. Biden: welcome back, my lord (Jewish). where is the biden's and others PPE?
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