TSMC Arizona - Taiwan Semiconductor Manufacturing Company Limited

In a historic announcement, in May 2020, TSMC shared its plans to invest $12B in Phoenix, Arizona – building an advanced semiconductor manufacturing fabrication. In December 2022, the company announced its commitment to build a second fab in Phoenix, increasing its total investment to $40B. This represents the largest foreign direct investment in the state of Arizona, and one of the largest ever in the United States. TSMC Arizona will create 4500 high-tech, high-wage jobs, and it’s expected that expansions by semiconductor industry suppliers will bring thousands more employment opportunities to the region.