News TSMC Rumored to Increase Capacity of Arizona Fab

What a surprise. About a week ago Joe Biden explained to subsidize US semiconductor manufacturers with approx. 37 billion US$ ... 😀
 
This is great news! This project needs to be built. It's not going to be any cheaper next month/year/decade than it is now. Build it and hopefully logistics, weather, and supply disruptions will be less of an issue thanks to more diversified production locations.
 
Because it isn't Texas.
Texas at least already has an established supply chain for semicinductors, and coastal ports (although, the wrong coast).
Who's based on Arizona? I think Microchip Technologies and ON semiconductor, I'm not sure if they use TSMC though.

Maybe this is a case of "It's sorta close to southern California and 1/20th the cost"