TSMC ups its Arizona chipmaking investment to $40 billion ahead of Biden’s visit

Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that it’s building a second semiconductor factory in Arizona and raising its investment there from $12 billion to $40 billion. The move marks one of the “largest foreign direct investments in the history of the United States,” according to the company.

(SOURCE) https://www.cnn.com/2022/12/06/business/tsmc-arizona-investment/index.html

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