PHOENIX (AZFamily) — Taiwan Semiconductor Manufacturing Co. (TSMC) is expanding its Arizona ambitions again, announcing an additional $100 billion investment that brings its total planned spending in the Valley to $265 billion.
The expansion is expected to grow TSMC’s north Phoenix footprint with more wafer fabrication plants, advanced packaging facilities and a research and development center, as the company works to keep pace with growing demand tied to artificial intelligence.
Sean Fogarty with the Phoenix Economic Council said the announcement is another sign metro Phoenix is positioning itself as a long-term hub for semiconductor manufacturing, part of a broader wave of chip investments across the region…