The Taiwan Semiconductor Manufacturing Co. facility under construction in December. Photo: Caitlin O’Hara/Bloomberg via Getty Images
California can keep Silicon Valley. Phoenix has spent the past half-century establishing itself as the “semiconductor desert,” a nickname solidified in 2020 when chipmaker Taiwanese Semiconductor Manufacturing Co. announced it would build a $12 billion factory here.
- TSMC said in December it would start construction on a second factory in north Phoenix in 2024, bringing its total Arizona investment to $40 billion.