Biden visiting Arizona as TSCM set to boost state's chip investment to $40 billion

SGH CEO Mark Adams reacts to New York becoming the new chip maker haven with IBM and Micron making billion-dollar investments in the state on 'The Claman Countdown.'

President Biden will visit Arizona on Tuesday for semiconductor manufacturer TSMC's announcement to increase its chip investment in the state to $40 billion. TSMC said in a press release that its two fabs in Arizona are expected to create 10,000 more high-paying high-tech jobs.Deese also said that companies Intel, Core Power and Corning are investing in the Arizona communities of Chandler, Buckeye and Gilbert.

TSCM ground broke 2020 in Phoenix and President Biden is doing a victory lap in front of it today saying his 2022 CHIP ACT is at work? Why would we pass a Chip act if the building was already being built. We must be dumb! The CHIP ACT cost $250 billion of inflationary money!

Stuart Barney has stuck his head up Paul Ryan's ass so far he can now see Lizard Cheney

How close will he be to the border? Maybe a quick chopper flight? My guess is no

Watch Biden searching around for the dip

Awesome

Joey, the border is just south of here. The plane ride is free to you cause I paid for it.

We will never compete with China. That ship has sailed.

This is a good thing.

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TSMC Raises Arizona Chip Investment to $40 Billion as Biden VisitsTSMC, the world’s largest contract chip maker, plans to build a second semiconductor factory in Arizona and increase its investment there to $40 billion, the White House said Sweet. My tax dollars are going to fund a foreign company’s venture. So much better than the regular domestic corporate socialism I’m used to 🙄 Of course, I'm pretty sure Pelosi has stocks. Did you leave out how much the American taxpayer is paying for this plant?
Source: WSJ - 🏆 98. / 63 Read more »

TSMC to up Arizona investment to $40 billion with second semiconductor chip plantThe company will also announce it will be producing more technically advanced chips than originally proposed. 2 words…. Made in America 😂 President Biden has focused attention to vital American redevelopment agenda. Why AZ? There is no damn water and that state will be gone in a few decades
Source: CNBC - 🏆 12. / 72 Read more »