Apple CEO Tim Cook, President Joe Biden to Help TSMC Unveil $40 Bn US Chip Buildout
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Apple CEO Tim Cook and AMD CEO Lisa Su will join President Joe Biden at an Arizona event for Taiwan Semiconductor Manufacturing Co.
Apple Inc. Chief Executive Officer Tim Cook and Advanced Micro Devices Inc. CEO Lisa Su will join President Joe Biden on Tuesday at an Arizona event for Taiwan Semiconductor Manufacturing Co., where the chipmaker will announce plans to bolster its investment in the state to $40 billion and construct a second production facility.Cook, Su and Biden will be at the site of a $12 billion plant in Phoenix that TSMC is already building, a showcase in the administration's efforts to encourage companies to bring more chip manufacturing to the US and prevent a repeat of the supply disruptions over the last two years that cost companies hundreds of billions i...