A group of House Republicans is calling on the Biden administration to support Taiwan by inviting the island’s democratically elected president to the Asia Pacific Economic Cooperation (APEC) summit, which will be held in San Francisco in November. Rep. Lance Gooden (R-Texas) made the request in two letters to President Joe Biden (pdf) and Secretary…
House Republicans Urge Biden Administration to Invite Taiwan President to APEC Summit
Chipmaker TSMC Adds Second Fab to Its Arizona Site
News Analysis Taiwan Semiconductor Manufacturing Company (TSMC) recently announced the opening of a second chip plant in Arizona and increased its U.S. investment from $12 billion to $40 billion. President Joe Biden traveled to Phoenix, Arizona, on Dec. 6 to join the TSMC event. “American manufacturing is back, folks,” Biden said at the ceremony. “These…
TSMC to Open Second Chip Plant in Arizona, Boosting Investment to $40 Billion
The world’s largest contract chipmaker is opening a second fabrication plant in Arizona to produce advanced semiconductor technology, as the U.S. government seeks to shore up America’s chipmaking supply chain. Taiwan Semiconductor Manufacturing Co. (TSMC), a major supplier to Apple, announced today that the second fabrication plant (or “fab”) will bring the company’s total investment…
Asian Investment Bolsters US Manufacturing Revival
News Analysis A Taiwanese chipmaking giant is doubling down on a sprawling factory it’s building north of Phoenix, adding to a wave of Asian investment that is boosting employment in the resurgent U.S. manufacturing sector. Taiwan Semiconductor Manufacturing Company (TSMC), Apple’s exclusive chip supplier, aims to make silicon chips using its advanced 5-nanometer production process…
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