TSMC triples Arizona chip plant investment, Biden hails project

TSMC said it would build a second facility nearby to produce so-called "3 nanometer" chips by 2026, the most advanced currently in production.

TSMC's Liu said its Phoenix factories are expected to create 13,000 high-tech jobs, including 4,500 under TSMC and the rest filled by suppliers. U.S. semiconductor production accounts for just 12% of the global total, down from 37% two decades ago, said a White House report on supply chain problems last year.

The $52.7 billion Chips and Science Act, signed into law by Biden in August, is aimed at preventing a resurgence of supply chain woes.

This is a winning move for the US. More of these and you can might be able to keep your lead in the world💪

He needs to go to the border in person so he can fully understand what the problem is. He is very out of touch. He needs to see it, hear it,and smell it.

I can't wait hear the spin BS machine!

Joe's big plan!

Imagine losing all your investment and coming back home empty handed because USA sanctioned you. Lol

Let's go Biden. Ignore the haters.

Taiwan will lose his strategic importance if it takes its factories out of the country. This was the American goal of the escalation with China.

where is the biden's and others PPE?

Biden: welcome back, my lord (Jewish).

“American Factory Season 2 by Joe Biden.

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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 »

TSMC to up Arizona investment to $40 billion with second semiconductor chip plantThe company will also announce it will be producing more technically advanced chips than originally proposed. 2 words…. Made in America 😂 President Biden has focused attention to vital American redevelopment agenda. Why AZ? There is no damn water and that state will be gone in a few decades
Source: CNBC - 🏆 12. / 72 Read more »

TSMC Will Triple Arizona Investment To $40 Billion, Among Largest Foreign Outlays In U.S. HistoryTaiwan Semiconductor Manufacturing Co., one of the world’s largest semiconductor makers, said it will more than triple its planned investment in Arizona to $40 billion from a previously announced $12 billion. More growth in Phoenix アメリカ合衆国としては、国内調達推進のいち握と成る事項ですね❗️素晴らしい❗️ So essentially a US controlled entity now.
Source: Forbes - 🏆 394. / 53 Read more »