President Donald Trump held a press briefing Monday where he announced a $100 billion investment from Taiwanese Chip company TMSC in the United States.
President Trump on the TMSC investment: “We’ll be at close to 40% of the [chips] market with this transaction and a couple of others that we’re doing.” The investment will be to produce semiconductor chips in Arizona. WATCH:
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The press questions and answer period begins at 11:00 of the video above.
More winning…and I’m not tired of it yet!
Honda also moving planned Civic Hybrid plant to USA instead of Mexico
Indiana will get it
If Mexico doesn’t get with the plan, we push the border fifty miles South and exterminate the Cartels, seizing the Maquilladoras, and suddenly we have all those factories to repurpose to American production, an otherwise impossible reversal of manufacturing losses.
We’d have the likes of Honda and other civilization compatible countries competing to bid for the opportunity to run them.
Mucha Victoria!
Perhaps then we could also stop the sewage flowing from Tijuana to San Diego? Or has that been done already?
What was it some community agitator said about waving a magic wand?
Methinks that wasn’t a wand he was using.
Of course he was underwhelming in all his ways.
Complete renegade in thoughts, ideas, mind and ideology
His name must be scarlet lettered in the history books when the time comes
Definitely should go down as a President.
Reconciliation and Nullification Commission, undo the nullities Obama and Biden.
Erase Zero!
This deal is incredible!
Chips were the biggest bottleneck we faced in restoring manufacturing.
I love seeing this.
Now do Regulatory Reform.
Gentlemen, start your engines. 😁👍
That rumbling sound you hear is the economy anxiously waiting to take off. Thank God for the outstanding economic team President has in place. It really isn’t going to take much to unleash, once energy production is disentangled from regulation hell.
That is something everyone can focus on despite the soap opera currently occupying our government. Looking so forward to good times again..
🙏❤️
AZ is owned by cartels. Pick an American state.
My thoughts exactly. And water for manufacturing…no better state?
The cartel stole the Governorship and a Senator seat.
And the AG seat and the SOS seat…….
sadly, Intel self-imploded over the last 15 years
On Feb. 28, Intel announced suspension of the planned opening of the first stage of its new Ohio plant (I don’t know if they have even started construction, yet) until 2030. The total value of Intel’s new plant commitment in Ohio was supposed to $100 billion.
I would love to see them find a way to open the Intel plant here in Colorado that they build as they expanded here from Arizona. At the time it closed, I was working on my physics masters with the goal of getting into the semiconductor and materials physics industry in town. Then we got sold out and globalized and Intel never opened their massive factory near Garden of the Gods and they sold the property.
Decided to switch to an MBA. I would love to see that factory come back.
When the chips are down…..
Build more chip factories!
Why Arizona? It’s clear that the state government is beyond corrupt. Hobbs is owned by the Cartels. And the is no decent, reliable source of water there.
Well, Hobbs is in trouble. They are on to her. I think you’ll see her/it removed and replaced soon. People from Silicon Valley ID’d moving IC capacity from SV to Arizona long time ago. ‘ Called in Silicon Gulch. As I recall, something to do with the weather. I’m talking in the ’70’s.
Intel Corp. HQ = Chandler, Arizona.
Arizona was a major hub for chip production before Clinton/Bush shipped all the factories overseas. There’s a lot of infrastructure there and several very large universities to supply the necessary workforce. UA and ASU for example. It’s also close to, BUT NOT IN, California. That helps with the logistics for Silicon Valley because the distance is close and the regulation and taxes are far lower. It’s also relatively close to Texas…same reason.
Not every chip factory job requires a college degree, but chip manufacturing itself is a complex engineering process. Having that educational base is important.
That would be TSMC, not TMSC. Taiwan Semiconductor Manufacturing Corporation.
Their interest is twofold. 1: USA is a major consumer of their products. 2: If China takes Taiwan, they need a platform that is out of reach of China.
TSMC is applying a survivalist point of view.
Which PDJT exploits masterfully and gracefully.
Pretty sure they are going to be building the plant with their bleeding edge tech.
Down to 2 or 3 nanometer processes now last I heard. Impressive specs and lots of potential applications.
The President’s focus on rare earths and chip production shine a pretty clear light on the administration’s expectation of at least a trade conflict if not more with Chynaaa and other adversaries as well as a burgeoning “AI arms race”.
Same deal with restoring our energy independence and manufacturing. Pres. Trump is not just building Prosperous America, he’s building Fortress America at the same time.
Glad for this deal. I am thankful.
I was leery of the $100B figure due to TSMC’s previous commitments to wafer fabs in Arizona from PDJT’s first term, but after digging was able to verify the $100B is in new money above and beyond the previous wafer fabs.
TSMC’s CEO also noted that the $100 billion is on top of the $65 billion the company has already committed to the Arizona site, where it’s building three fabs. “We are going to build three more new fabs,” two advanced packaging fabs for the chips, and an R&D center, Wei said.
The packaging fabs are significant, meaning the entire production process will reside in Arizona from raw silicon to finished, packaged ICs – whereas before the raw die would have had to be shipped overseas to be packaged.
Sweet.
“TSMC” there, Mods.
This is great. Trump should get as many Taiwan companies building plants here as possible. China’s saber rattling with Taiwan will hopefully stop if they can’t corner the chip market. Peace through strength.
I highly suggest listening to this entire interview, but the link is two chapters (about 13 minutes before) before they discuss chip manufacturing. It’s an interesting discussion.
Weird, I don’t see the video but it’s there and to the correct time stamp. It’s this video at the 1 hour 13 minute mark and sets the stage for the TSMC discussion 13 minutes later:
Fab 1 is operating. Fab 2 is under construction. Fab 3 in planning.
The area where these are being built is huge. I-17 and the 303 loop for those who are familiar with Phoenix.
Already causing a culture shift in the community. I live about 20 minutes away.
Good generic article here: https://www.nytimes.com/2024/12/29/business/tsmc-phoenix-taiwan.html
And here: https://www.kjzz.org/business/2024-12-02/phoenix-planning-for-7-billion-city-within-a-city-near-tsmc
It’s surrounded by state trust land, which is being auctioned off parcel by parcel to developers.
Supporting industries, restaurants, shopping, single family rentals, town homes, apartment complexes are sprouting like weeds.
Phoenix is the 5th or 6th largest metro in the US (bounces back and forth with Houston).
Arizona State U is partnering with TSCM, as are local community colleges.
Energy (solar) will be plentiful, and the dry climate is favored for chip manufacturing.
Regional airports nearby and newly expanded freeway access.
So far, I think I will escape a major impact, but am keeping an ear to the ground.
The rest of AZ has no voice –drowned out completely by Maricopa County
Watch for chip production to expand back into Colorado. The industry is starting to recover here. Intel built a plant in the early 2000’s on the west side of town that never fully ramped up before Bush sold us out. I believe the city set aside land southeast of town for future fabrication plants.
Did they say where in Arizona? No doubt in the Phoenix conglomerate probably. Arizona will permanently be blue–however Maricopa votes determines everything in AZ.
More than half of Arizona’s population lives in Maricopa County, which is about 62% as of 2020. Maricopa County is the most populated county in Arizona and the fourth most populated county in the United States.