Arizona Democrats offered harsh feedback after President Donald Trump said he wants the legislative body to do away with the bipartisan Creating Helpful Incentives to Produce Semiconductors and Science Act,
TSMC's plans to invest billions more in Arizona to expand its semiconductor factories has caught the attention of three other major computer chip companies.
The CHIPS and Science Act signed by then President Joe Biden in August 2022 included $39 billion in subsidies for U.S. semiconductor manufacturing.
Taiwan Semiconductor Manufacturing will again expand its Phoenix complex, to a new $165 billion stake. The move aims to avoid tariffs.
U.S. Rep. Greg Stanton of Arizona defended the CHIPS Act on Wednesday after President Donald Trump called it “a horrible, horrible thing."
Taiwan Semiconductor Manufacturing Co. announced it would expand its investment in the U.S. by $100 billion Monday, which is expected to go toward three additional manufacturing centers, two advanced
Thousands more computer chip jobs could be coming to Arizona as TSMC unveils yet another major expansion plan.
The world’s biggest chip-maker, Taiwan’s TSMC, announced from the White House last night that it would add $100bn to the $65bn already committed to semiconductor manufacturing in the US, calling it “the largest single foreign direct investment in US history”.
President Trump's threats against Taiwan, a key American partner vital for deterring China, highlight critical problems with tariffs and semiconductor energy demands.