Arizona roots, global impact
Taiwan Semiconductor Manufacturing Company (TSMC) continues to choose Arizona when expanding its footprint in the U.S. The chip company’s total investment in our state is expected to reach $165 billion, making it the largest single foreign direct investment in our nation’s history.
TSMC currently employs about 3,000 people in Phoenix, with plans to boost that to approximately 6,000 within a few years.
In May of 2020, TSMC announced it selected Arizona as the home of its U.S. operations, with construction starting in 2021. By the Spring of 2025, the company announced plans for three more fabrication plants, two advanced packaging facilities, and a major research and development (R&D) team center right here in the Grand Canyon state.
This expansion is expected to support 40,000 construction jobs over the next four years and create tens of thousands of high-paying, high-tech jobs in advanced chip manufacturing and R&D. In addition, it is expected to drive more than $200 billion of indirect economic output in Arizona and across the U.S. in the next decade.
When TSMC chose Arizona to call home, it created a ripple effect. ASML is now launching a national chipmaking training hub in Phoenix, NVIDIA recently started production at TSMC’s plant, Amkor is building a $2 billion packaging and test facility in Peoria, and Intel continues to expand its own multibillion-dollar manufacturing operations in Chandler - further strengthening Arizona’s position in the global semiconductor supply chain.
In recent years, Arizona has firmly established itself as a national hub for semiconductor innovation, bringing with it cutting-edge research, highly skilled jobs, and a surge of technological advancement happening right here in our backyard.
It is vital that we continue to support the innovation, research, growth, jobs, and more that come with TSMC’s commitment to and support for our great state.