Arizona getting outsized investments in semiconductors under Biden agenda – Taiwan Semiconductor Manufacturing Co.

Arizona has received or is slated to get $15.4 billion in federal funding under various initiatives, including the Bipartisan Infrastructure Law, the Inflation Reduction Act, the CHIPS and Science Act, and the American Rescue Plan. Corporations and businesses have pledged $120.9 billion in related investments, primarily in semiconductor manufacturing facilities. Notably ... Taiwan Semiconductor Manufacturing Co. is constructing three semiconductor factories in north Phoenix, representing the largest corporate investment in the state’s history.