TSMC reportedly planning on building six new manufacturing facilities in the U.S.

[Redaktion]

A new report from a Taiwanese news outlet tells us that TSMC plans on opening six new manufacturing plants in the U.S. The first plant will be based in Arizona. Construction is expected to begin later this year, and the facility will supposedly manufacture 12-inch (300mm) wafers.

https://www.notebookcheck.net/TSMC-reportedly-planning-on-building-six-new-manufacturing-facilities-in-the-U-S.525937.0.html

[ariliquin]

Does this mean Intel will be a customer also?

[John Jay]

It does mean jobs but the driving factor is dirt cheap electricity costs handouts from states, huge tracts of mostly free land with low/no property taxes and all sorts of other "free" tax handouts. Public taxed to death for private megacorp/gov communist gain. All the while constantly raising taxes a la corporate communist government tactics. All the "green" "free" energy goes to these huge corps, you pay for it they reap the benefits, you HAVE to buy energy from the state monopoly at their rising minimum prices, then you get beat over the head for not being marxist certified "green" using their "green" products. Bankster controlled corporate communism death spiral. Insanity of today. Economics is a scam mind control.

[Rijoshiro]

It does mean jobs but the driving factor is dirt cheap electricity costs handouts from states, huge tracts of mostly free land with low/no property taxes and all sorts of other "free" tax handouts. Public taxed to death for private megacorp/gov communist gain. All the while constantly raising taxes a la corporate communist government tactics. All the "green" "free" energy goes to these huge corps, you pay for it they reap the benefits, you HAVE to buy energy from the state monopoly at their rising minimum prices, then you get beat over the head for not being marxist certified "green" using their "green" products. Bankster controlled corporate communism death spiral. Insanity of today. Economics is a scam mind control.

Actually a huge driver is China's position against Taiwan. None of the fabs in Taiwan are safe and the US is exploring strategic partnerships with Taiwan, Japan and Canada to secure semiconductor supplies. China already supplies almost all of the world's dependence on renewable energy materials like rare earth elements, and if China can get a hold of Taiwan, China will also become the world's single choke point of high tech semiconductors. If the US and EU doesn't react to this fast enough, they'll basically be China's bitch in the next 20 years.

[Jjohn]

This article doesn't mention that this began under Trump. Why does this article portray it as a Biden victory? Weird.