🚨🇺🇸 BREAKING: $11.6 BILLION U.S. BOOST FOR ARIZONA CHIP FACTORIES
TSMC (Taiwan Semiconductor Manufacturing Company) locks in $11.6 billion from the U.S. for three Arizona chip fab expansions, pivotal for AI and national security tech production.
Biden's move to pump the semiconductor sector through the CHIPS Act is a massive incentive for industry titans, like Apple and Nvidia, to domestically source their parts.
With TSMC's investment soaring over $65 billion, America's semiconductor supply chain is set for a monumental leap forward.
Source: Bloomberg
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