TSMC Founder Says U.S. Welcomes Chipmaker’s Arizona Plant Plan
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US Vice President Kamala Harris welcomed Taiwan Semiconductor Manufacturing Co.’s decision to open a second plant in Arizona.
US Vice President Kamala Harris welcomed Taiwan Semiconductor Manufacturing Co.'s decision to open a second plant in Arizona and reiterated her government's determination to help Taiwan, the company's founder Morris Chang said.Chang, who was speaking Saturday as Taiwan's special envoy at the Asia-Pacific Economic Cooperation summit in Bangkok, said he had told Harris the US Secretary of Commerce had been invited to attend a ceremony for the $12 billion plant next month. The cost of making chips in Arizona may be at least 50% higher than in Taiwan, but that didn't prevent the company from moving more of its production to the U.S., Chang said, adding “this...