Chipmaker TSMC plans Arizona factory expansion

URLhttps://www.reuters.com/technology/chip-maker-tsmc
SourceReuters
Date Published11/09/2022
Author NameShivani Tanna and Rishabh Jaiswal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TSMC
Parent companyTaiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Capital investment ($):12000
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor chip
What domestic positive factors made reshoring more attractive?Automation/technology
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