Through the Investment Accelerator Program, Americans are already witnessing massive progress. TSMC Arizona’s third fab facility is one example of this. Their expansion will create cutting-edge chips that advance American artificial intelligence, data centers, and smartphones.
TSMC’s additional $100 billion investment is also expected to create 40,000 construction jobs over the next four years, tens of thousands of high-paying, high-tech jobs, and drive over $200 billion in indirect output across Arizona in the coming decade.
This demonstrates the growing importance of U.S.-based manufacturing and the critical role of public-private partnerships in solidifying America’s role as technological leader.
“We were delighted to welcome U.S. Secretary of Commerce Howard Lutnick to TSMC Arizona, the largest single foreign direct investment in U.S. history, and showcase the progress of our operation,” said TSMC Chairman and CEO Dr. C.C. Wei. “As part of our commitment to support the needs of America’s leading innovators in smartphones, HPC and AI, we recently broke ground on our third fab, which will introduce more advanced semiconductor capacity to the United States. We are grateful for the Secretary’s commitment to supporting the advanced semiconductor manufacturing ecosystem.”
“We’re proud to support the high-skilled American jobs of tomorrow, added Tim Cook, Apple’s CEO. “As TSMC Arizona’s first and largest customer, we’re excited for the future of American innovation and the incredible opportunities it will create.”
Jensen Huang, founder and CEO of NVIDIA stated, “AI is revolutionizing every aspect of the technology stack, and NVIDIA AI supercomputers are at the foundation. We’re proud to produce our technology in Arizona, bringing AI infrastructure manufacturing back to America.”
“High-performance chips are essential to U.S. innovation and economic growth, Dr. Lisa Su, chair and CEO of Advanced Micro Devices (AMD) said of the landmark day. “As one of the first and largest HPC customers for TSMC’s Arizona Fab, we’re proud to begin production of our leadership 5th Gen AMD EPYC server processors later this year. This collaboration reflects our deep commitment to strengthening U.S. leadership in semiconductor design and advanced manufacturing.”
