TSMC ups investment in Phoenix to $65 billion, secures $6.6 billion from CHIPS Act

The announced expansion of a semiconductor complex could make metro Phoenix a center for much of the most advanced technology needed to power artificial intelligence, advanced military systems, computers, electric vehicles, cellphones and much more. Taiwan Semiconductor Manufacturing Co.'s massive complex will add a third fab or factory, expand its investments here to $65 billion and bring the world's most advanced chipmaking technology to Arizona as a result of a proposed $6.6 billion grant announced Monday by the U.S. Commerce Department under the CHIPS and Science Act. The investment is...