Biden-Harris Administration Announces Preliminary Terms with TSMC, Expanded Investment from Company to Bring World’s Most Advanced Leading-Edge Technology to the U.S.

URLhttps://www.nist.gov/news-events/news/2024/04/bide
Sourcenist.gov
Date Published04/08/2024

Additional Reshoring Information:

Company/Division name TSMC
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):6600
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, chips
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:$6.6 billion
Find Reshoring Articles