Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles

Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles

In December 2022, Taiwan Semiconductor Manufacturing Company, the major maker of the world’s most advanced chips, announced that it planned to spend $40 billion in Arizona for its first major U.S. semiconductor production center. The much-touted Phoenix project — with two new factories, including one with more advanced technology — became symbolic of President Biden’s…

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