TSMC Plans $40 Billion U.S. Investment As President Biden Visits Arizona Chip Factory

Date Published12/06/2022
Author NameMartin Baccardax

Additional Reshoring Information:

Parent companyTaiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring implemented or to be implemented:2024
Capital investment ($):12,000
Country(ies) from which reshored:China,Taiwan, Province of China
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives
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