All Polls

TSMC Will Triple Arizona Investment To $40 Billion, Among Largest Foreign Outlays In U.S. History

Taiwan Semiconductor Manufacturing Co., one of the world’s largest semiconductor makers, said today it will more than triple its planned investment in Arizona to $40 billion from a previously announced $12 billion. Combined, its two announced Arizona projects represent one of the largest foreign direct investments in the history of the United States, TSMC said.

In addition to the more than 10,000 construction workers linked to the site, TSMC Arizona’s two projects are expected to create an additional 10,000 high-paying high-tech jobs, including 4,500 direct TSMC jobs, the chipmaker said today. The two investments will generate an estimated end-product value of more than $40 billion, it said.

Read more: Forbes


OPT/CPT Blast Resume to 1000+ employers
Disclaimer