Why is Taiwan chip giant TSMC pumping billions into Arizona?

Reuters Reuters — 1min

TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, pledged to invest a further $100 billion in the state of Arizona and said AI-driven demand will remain strong up to 2030.

Ben Blanchard breaks down why the Taiwanese juggernaut is making a play for Arizona.

#Taiwan #chip #TSMC #Arizona #investment