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

  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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.

Copyright 2021 The Associated Press. All rights reserved.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 »

Biden visiting Arizona as TSCM set to boost state's chip investment to $40 billionTaiwan-based semiconductor manufacturer TSMC will announce that it will increase its chip investment in Arizona to $40 billion and a commitment to construct a second fab. This is a good thing. We will never compete with China. That ship has sailed. Joey, the border is just south of here. The plane ride is free to you cause I paid for it.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Taiwan seeks to reassure on TSMC commitment to island despite U.S. investmentTaiwan's economy minister said on Wednesday that the island remains chipmaker TSMC's most important production base after the company announced it would more than triple planned investment at its new Arizona plant to $40 billion. LOL. Sure The good news is TSMC will live on in spirit, in Arizona and Japan. The bad news is the US will bomb Taiwan's TSMC into oblivion before they let China have it. USA will steal your technology, your engineer's and then throw TSMC into the gutter. Taiwan should have never let this happen. Its given away its ACE and will lose all its Poker chips
Source: Reuters - 🏆 2. / 97 Read more »

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?
Source: Reuters - 🏆 2. / 97 Read more »