Taiwan Semiconductor Manufacturing Company (TSMC) is advancing U.S. semiconductor manufacturing with its substantial investment in Arizona.

The company plans to build three state-of-the-art fabrication plants (fabs) in Phoenix, representing the largest foreign direct investment in a greenfield project in U.S. history. This initiative is expected to create over 6,000 high-tech, high-wage jobs and significantly enhance the nation’s semiconductor production capabilities.

The Greater Phoenix Economic Council estimates that TSMC’s investment will generate more than 20,000 unique construction jobs and tens of thousands of indirect jobs throughout the decade. This development is anticipated to establish a leading-edge semiconductor cluster in Arizona, bolstering the state’s economy and positioning it as a hub for advanced technology manufacturing.

In support of TSMC’s expansion, the U.S. Department of Commerce has announced up to $6.6 billion in direct funding under the CHIPS and Science Act. This funding aims to strengthen the domestic semiconductor manufacturing ecosystem, ensuring the U.S. maintains its leadership in critical technologies such as 5G, 6G, and artificial intelligence.

TSMC’s Arizona facilities are set to showcase the most advanced chipmaking technology in the U.S., contributing to national economic competitiveness and technological leadership.

The company’s commitment to onshoring semiconductor manufacturing aligns with broader efforts to secure supply chains and reduce dependency on foreign sources for critical components.

The first of TSMC’s Arizona fabs is on track to begin production leveraging 4-nanometer technology in the first half of 2025. Subsequent fabs are planned to produce even more advanced chips, further solidifying the U.S.’s position in the global semiconductor industry.

TSMC’s investment in Arizona is a pivotal step in strengthening the advanced semiconductor manufacturing ecosystem in the United States.

The collaboration between TSMC, the U.S. government, and local stakeholders underscores a shared commitment to fostering innovation, creating jobs, and maintaining technological leadership in the rapidly evolving semiconductor industry.

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