Taiwan’s TSMC Announces $12B High Tech Factory in Arizona After Trump Call for U.S. Chip Manufacturing

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This will bring 1600 manufacturing jobs to Arizona! President Trump is the GOAT. He will absolutely repair the American economy in his second term.

Taiwan’s TSMC Announces $12B High Tech Factory in Arizona After Trump Call for U.S. Chip Manufacturing

By Breitbart, May 15, 2020

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Taiwanese tech giant TSMC has unveiled plans to build a $12 billion factory in Arizona to produce high tech chips, announcing the move just days after President Donald Trump and chipmakers partnered in a drive to build more chip manufacturing in America.

Reuters reports that the Taiwanese firm Taiwan Semiconductor Manufacturing Co (TSMC), the largest contract chipmaker in the world, plans to build a $12 billion factory in Arizona in what appears to be a win for the Trump administration’s attempts to bring more global tech supply chains to the United States.

The factory will reportedly create over 1,600 jobs and comes as President Trump has criticized China’s trade practices and Beijing’s handling of the Wuhan coronavirus. U.S. Secretary of Commerce Wilbur Ross stated that the deal was “another indication that President Trump’s policy agenda has led to a renaissance in American manufacturing.”

TSMC commented: “This project is of critical, strategic importance to a vibrant and competitive U.S. semiconductor ecosystem that enables leading U.S. companies to fabricate their cutting-edge semiconductor products within the United States.”

TSMC stated that the plan was to build the plant over nine years. Bernstein analysts said in a note: “The budget… suggests the eventual scale won’t be big,” adding that revenue contribution from the plant will stay at around 3-4 percent. “The scale and technology is similar to what TSMC did in China, suggesting a balance between the US & China,” Bernstein analysts said.

JP Morgan analysts said in a note: “While it is hard to be certain, we believe that TSMC announcing a U.S. Fab could remove the threat of further Huawei restrictions in the very near-term at least.”

TSMC stated that the construction of the Arizona facility would begin in 2021 with production at the facility expected to begin in 2024 and would be able to process up to 20,000 silicon wafers per month. Each wafer contains thousands of individual chips, the investment will be made from 2021 to 2029.

 

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Achmed Mohandjob
Achmed Mohandjob
3 years ago

What is it about these Communist Chinese lovers?

The name of THTAT NATION is The Republic of China”, NOT “Taiwan”.

Every bloody where that I turn, I see nothing but Communist China LOVERS.

Halal Bacon
Halal Bacon
3 years ago

made in Japan, then made in Taiwan, then china virus

Worsethanitlooks
Worsethanitlooks
3 years ago

It’s a small step but it moves the needle in the right direction. It’s about time the US fully supported Taiwan.

felix1999
felix1999
3 years ago

Why?

Worsethanitlooks
Worsethanitlooks
3 years ago
Reply to  felix1999

The Taiwanese are anti-Communist. Is that reason not good enough?

felix1999
felix1999
3 years ago

No it’s not good enough for me.
Let them fight their own wars.
Where is our national interest?

Go away John Bolton.

felix1999
felix1999
3 years ago

Why not encourage a US owned high tech factory be set up here?

China Threatens ‘Non-Peaceful Measures’ to Keep Taiwan out of W.H.O.
By Frances Martel
5/13/20

Taiwan is a sovereign nation off the coast of Communist China. The Communist Party considers the island a renegade province despite the lack of any history in which Taiwan was ruled by Beijing. Taiwan is currently a democracy with a long history of free and fair elections and functional state institutions like a lawmaking body, a military, and extensive education and health care infrastructures.

Despite its status as an independent country, the W.H.O. does not acknowledge its sovereignty in response to Communist Party pressure.

https://www.breitbart.com/asia/2020/05/13/china-threatens-non-peaceful-measures-to-keep-taiwan-out-of-w-h-o/

Why would Trump even consider restoring some funding to WHO?

Trump set to restore partial funding to WHO after pause to investigate coronavirus response
By Victor Garcia, Samuel Chamberlain | 5/16/20
https://www.foxnews.com/media/exclusive-white-house-set-restore-partial-who-funding

Don’t mind me, I guess I am the confused one…

Josara Dezmen
Josara Dezmen
3 years ago

My ? is, aren’t there any American chip factories? I’m not anti Taiwanese, I’m just Americanese!!

Andrew
Andrew
3 years ago

Chinese company employing thousands of Mexicans in Arizona – not thrilled at this development.

Andrew
Andrew
3 years ago

Chinese company employing thousands of Mexicans in Arizona – not thrilled at this development.

Roma Mikhasev
Roma Mikhasev
3 years ago

i like it!

Stephen Honig
Stephen Honig
3 years ago

The Great One gets better and better every day!

Steven E Hess
Steven E Hess
3 years ago

Why not Oklahoma?

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