International semiconductor company to expand U.S. operations

Close-up of a blue circuit board featuring a large black microchip and various electronic components, highlighting intricate circuitry.
Integrated semiconductor microchip/microprocessor on blue circuit board. Photo courtesy grafvision/bigstockphoto.com

Taiwan Semiconductor Manufacturing Company Limited (TSMC) plans to increase its U.S. investment in advanced semiconductor manufacturing by $100 billion with three new fabs, two advanced packaging facilities, and an R&D center.

Building on the company’s ongoing $65-billion investment in Phoenix, TSMC’s total investment in the U.S. is expected to reach $165 billion.

Through this expansion, TSMC expects to create hundreds of billions of dollars in semiconductor value for AI and other cutting-edge applications. The expanded investment is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D. It is also expected to drive more than $200 billion of indirect economic output in Arizona and across the U.S. in the next decade.

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