President Joe Biden travels to Phoenix, Arizona, on Dec. 6 to visit semiconductor company Taiwan Semiconductor Manufacturing Company (TSMC) and discuss his economic plan, manufacturing, supply chains, and jobs. TSMC is hosting its “First Tool-In” Ceremony at the Fab 21 site in Phoenix on Tuesday. Biden is expected to deliver remarks at 4 p.m. ET….
LIVE NOW: Biden Visits TSMC’s New Chip Plant in Arizona
December 6, 2022
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Biden Visits TSMC’s New Chip Plant in Arizona
December 6, 2022
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ArizonabidenBusiness & MarketseconomyEpochTVEpochTV LiveExecutive BranchLive VideosPoliticsTSMCUSUS NewsVideo
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President Joe Biden is traveling to Phoenix, Arizona, on Dec. 6 to visit semiconductor company Taiwan Semiconductor Manufacturing Company (TSMC) and discuss his economic plan, manufacturing, supply chains, and jobs. The Taiwanese chipmaker said it will more than triple its planned investment there to $40 billion, among the largest foreign investments in American history. Joining…
Taiwan Experts Weigh in on TSMC’s Plan to Bring Leading-Edge 3Nm Chip Tech to US
December 1, 2022
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Taiwan Semiconductor Manufacturing Co. (TSMC)—the world’s most advanced contract chipmaker—is bringing its leading-edge 3-nanometer chip production process to its upcoming new plant in the U.S. state of Arizona, the company’s founder, Morris Chang, said on Nov. 2. But Chang’s statement has drawn concerns and criticism that the move would affect the core competitiveness of Taiwan’s…
TSMC Planning Advanced Chip Production in Arizona, Says Company’s Founder
TAIPEI—Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalized yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd. (TSMC), a major Apple Inc. supplier and the world’s largest contract chipmaker,…
NTD Business (Nov. 21): Disney CEO Suddenly Replaced; FTX Owes More Than $3 Billion to Creditors
Disney CEO Bob Chapek has been replaced by former CEO Bob Iger. It happened so suddenly, Iger himself says he’s amazed. A family-friendly competitor that has Disney in its sights scored big at the box office this past weekend. We talk to Angel Studios about the premiere of “The Chosen” season 3. U.S. companies like Apple will soon…
Chipmaking Giant Slashes Capital Spending by 10 Percent, Slowdown Warning to Tech Sector
October 13, 2022
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Taiwan Semiconductor Manufacturing Co. (TSMC) has slashed its capital spending despite posting strong profits, with the company expecting the market to slump in the near future. Capital expenditure (capex) for 2022 was slashed to roughly $36 billion in 2022, down from previous estimates of at least $40 billion. About half of the change is due…
Taiwan Says It Will Comply With Latest US-Issued Chip Export Rules Aimed at China
October 12, 2022
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On Oct. 7, the U.S. Department of Commerce announced sweeping new export controls that will cut China off from certain semiconductor chips that are made with U.S. technologies, regardless of whether the chips were manufactured in the United States. In response to the new move, Taiwan’s Economy Ministry on Oct. 8 said that Taiwanese firms…
Taiwan President Warns of ‘Volatile’ Challenges Facing Chip Industry
TAIPEI—Taiwan’s President Tsai Ing-wen warned the semiconductor industry faces new and “volatile” challenges, but said her government will work with the sector to overcome them. Taiwan is home to the world’s largest contract chipmaker, TSMC, and is a major producer of semiconductors used in everything from washing machines and cellphones to data centres and fighter…
Semiconductors Emerge as Battleground in US-China Race to Make Global Tech Norms in Their Image
August 7, 2022
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As every aspect of modern life becomes more and more digitized, not just the economies of nations but their sovereign influence will rely more and more on the command of technology. Although the United States and China are not engaged in traditional warfare, they are engaged in a war of ideas, trade, and technology, especially…
Pelosi Leaves Taiwan After Meeting With Democracy Activists, TSMC Chairman
TAIPEI, Taiwan—House Speaker Nancy Pelosi (D-Calif.) has left Taiwan for South Korea after spending about 19 hours on the island. Despite her brief trip, Pelosi became the most senior U.S. official to visit the self-ruled island in 25 years. Pelosi left at around 6 p.m. local time on Aug. 3. Before she left, she met with Mark…
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