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More CHIPS, more jobs? Semiconductor manufacturing company to build 3rd factory in Arizona with support from CHIPS Act

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The investment comes as part of the CHIPS and Science Act. Part of that money will go to the Intel campus in Chandler.

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!

 

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Semiconductor manufacturing company to build 3rd factory in Arizona with support from CHIPS ActThe investment comes as part of the CHIPS and Science Act. Part of that money will go to the Intel campus in Chandler.
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GlobalFoundries’ Trusted Foundry Status Helped Secure CHIPS Act InvestmentJim is a principal analyst and partner at TIRIAS Research, a high-tech research and advisory firm consisting of experienced analysts. Jim has over 30 years of technical and business experience with leading high-tech companies including Intel, Motorola, ON Semiconductor, STMicroelectronics, and General Dynamics Space Systems.
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