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TSMC (TWSE: 2330, NYSE: TSM) today announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional 0 billion. Building on the company’s ongoing billion investment in its advanced semiconductor manufacturing operations in Phoenix, Arizona, TSMC’s total investment in the U.S. is expected to reach US5 billion. The expansion includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center, solidifying this project as the largest single foreign direct investment in U.S. history. Through this expansion, TSMC expects to create hundreds of billions of dollars in...

For the written story, read here >> https://www.signalsaz.com/articles/tsmc-expands-arizona-investment-by-100-billion/

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