Biden Celebrates Giant Semiconductor Project
Posted on AllSides December 6th, 2022
From The Center
President Joe Biden flies Tuesday to Arizona to celebrate the mammoth expansion of a Taiwanese semiconductor plant, citing the project as proof that the United States is finally breaking dangerous dependency on foreign manufacturers for the vital component.
The White House announced that TSMC is unveiling plans to build a second facility in Phoenix by 2026, ballooning its investment from $12 billion to $40 billion.
The "major milestone" adds up to "the largest foreign direct investment in Arizona history and it's one of the largest in US history," White House...
AllSides Media Bias Rating: Center
Related Coverage
HEADLINE ROUNDUP
Biden Admins Unveils Changes to Title IX Anti-Discrimination Policy
