Biden administration announces major expansion for Ariz. chip facility – The Washington Post

$6.6 billion will go to Taiwan Semiconductor Manufacturing Co., which is already building two plants in the state and now will construct a third
President Biden’s administration announced a $6.6 billion infusion into expanding a massive semiconductor manufacturing facility in Arizona, a federal investment that administration officials argue will put a U.S.-based facility at the forefront of modern technological manufacturing.
The funds will be provided to Taiwan Semiconductor Manufacturing Co. (TSMC), which is in the process of building two facilities and will now construct a third and increase its investment in the Phoenix area to $65 billion, according to federal officials.

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