Taiwanese chipmaker TSMC (2330.TW) said on Tuesday its board had approved a plan to boost the capital of its chip factory in Arizona by up to $3.5 billion.
TSMC in December tripled its planned investment at the Arizona chip plant, which began construction late last year, to $40 billion.
The factory, among the largest foreign investments in U.S. history, will start production in 2026, using advanced 3 nm technology.
TSMC expects its Phoenix factories to create 13,000 high-tech jobs, including 4,500 under TSMC and the rest at suppliers.
Source : Reuters
In Homer’s Odyssey, Odysseus does not reach home by following a flawless plan. His journey is…
Sixteen billion. That’s how many times the popular children’s song Baby Shark has been viewed on YouTube.…
Cities around the world are grappling with how to expand access to jobs and services…
Tourism generates 10 percent of global GDP and supports 1 in 10 jobs worldwide. Because…
Women entrepreneurs represent a powerful yet largely untapped source of job creation and economic growth. Removing…
The 2022 natural gas price shock triggered the largest rise in fossil fuel prices in…