Apple supplier TSMC to build a $12 billion chip factory in the US

[tacobell fan]

• Taiwan Semiconductor Manufacturing Co (TMSC) said on Friday it will build a semiconductor facility in Arizona.
• Total spending on the project will be $12 billion with TSMC claiming it will directly create 1,600 jobs.
• TSMC’s decision to build a new U.S. chip plant comes as President Donald Trump’s administration continues to scrutinize the global technology supply chain upon which American firms rely on.