Building a $12 BILLION chip plant in Phoenix, Arizona!
“Taiwan Semiconductor Manufacturing Company may not be a household name, but with a market value of over $550 billion, it’s one of the world’s 10 most valuable companies. Now, it’s leveraging its considerable resources to bring the world’s most advanced chip manufacturing back to U.S. soil...”
“...China already has had a number of high-profile failures, including the closing last week of Wuhan Hongxin Semiconductor Manufacturing, which shut operations after a projected investment of $18.5 billion. Backed by the Wuhan local government, Hongxin was supposed to produce 7-nanometer chips...”
https://asiatimes.com/2021/03/chinas-low-growth-target-reflects-tech-war-drag/