November 21, 2024 11:12 am
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Major semiconductor maker zeroing in on Phoenix site; Jordan Rose, Rose Law Group founder and president, comments

By Corina Vanek | Phoenix Business Journal

An expansive swath of desert in north Phoenix is likely the landing spot for Taiwan Semiconductor Manufacturing Co. Ltd.’s $12 billion plant, multiple sources with knowledge of the deal confirmed.

Taiwan Semiconductor Manufacturing Co. Ltd.

The world’s largest contract silicon chip manufacturer announced in May that it was planning to build a $12 billion plant in Phoenix and create more than 1,600 jobs. Taiwan Semiconductor (NYSE: TSM), which makes silicon chips for Apple and several other major technology companies, has been evaluating several sites in Phoenix for the factory. The company is expected to officially confirm the location by the end of the year.

Read the full subscription story from the Phoenix Business Journal.

“This is a terrific location for what will become one of Arizona’s largest and most innovative companies.  Phoenix has a great economic development team that has created an ideal situation for the user.  They are really pros at that and the whole state benefits from their good work!”

Jordan Rose, Rose Law Group Founder and President
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