Biden lands another big Taiwan chip investment
Published
Washington (AFP) April 8, 2024
The Taiwan chip giant TSMC has agreed to build a third semiconductor factory in Arizona, raising its total investment in the United States to $65 billion, US officials said Monday. Lael Brainard, President Joe Biden's chief economic adviser, hailed the election-year news as "a new chapter for America's semiconductor industry." She told reporters the investment planned by TSMC is based on