Taiwan’s President William Lai Ching-te praised a Taiwanese semiconductor company’s massive investment in Arizona as a model for building computer chip supply lines independent of Chinese producers. TSMC has committed $100 billion to build chip foundries in Arizona in response to customer demand, not pressure from the Trump administration. The investment is part of an effort to create a “non-red” supply chain that excludes Chinese suppliers, which have threatened military action against Taiwan. TSMC’s work in the U.S. will not impact its operations in Taiwan, where the company plays a significant role in advanced computer chip production. The project is expected to create thousands of construction and manufacturing jobs in Arizona over the next four years. The meeting between Lai and Arizona Governor Katie Hobbs was seen as a positive step in strengthening bilateral ties and advancing technologies. Hobbs welcomed the investment, citing the benefits it would bring to Arizona’s economy.
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