TSMC Plans $12 Billion U.S. Chip Plant in Arizona

May.15 — Taiwan Semiconductor Manufacturing Co. said it will begin construction on a $12 billion chip plant in Arizona in 2021 to allay U.S. national security concerns and shift more high-tech manufacturing to the United States. Bloomberg Opinion columnist Tim Culpan has the details on “Bloomberg Surveillance.” His opinions are his own.


In This Story: Arizona

Arizona, a southwestern U.S. state, is best known for the Grand Canyon, the mile-deep chasm carved by the Colorado River. Flagstaff, a ponderosa pine–covered mountain town, is a major gateway to the Grand Canyon. Other natural sites include Saguaro National Park, protecting cactus-filled Sonoran Desert landscape.

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In This Story: Taiwan

Taiwan, officially the Republic of China, is a country in East Asia. Neighbouring countries include the People’s Republic of China to the northwest, Japan to the northeast, and the Philippines to the south.

The political status of Taiwan is complicated. The Republic of China (ROC) is no longer a member of the UN, having been replaced by the People’s Republic of China (PRC) in 1971. Taiwan is claimed by the PRC, which refuses diplomatic relations with countries that recognise the ROC. Taiwan maintains official diplomatic relations with 14 out of 193 UN member states and the Holy See.

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In This Story: United States

The United States is a country also known as the United States of America, USA, US or just America. There are fifty states in the union, which is a federal republic ruled by a representative democracy. Nearly ten million square kilometres are inhabited by over 300 million people. The majority of Americans speak English.

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