Congressman Abe Hamadeh Celebrates News of $100 Billion Investment in Arizona Jobs and the American First Manufacturing Agenda

Washington, D.C. - Arizona Congressman Abe Hamadeh congratulates Arizona-based TSMC (Taiwan Semiconductor Manufacturing Co.) and President Donald Trump in response to the news that the cutting- edge technology company plans to invest $100 billion in chip manufacturing plants in the U.S. over the next four years.

"Earlier this month, my team met with representatives of TSMC to discuss their plans for future jobs in Arizona, which should focus on tapping into our veteran workforce," stated Abe Hamadeh, whose Congressional District serves as home to TSMC. "They are clearly committed to President Trump's American First Manufacturing agenda, bringing high-paying employment opportunities to CD8 allowing US leaders to increase the quality of life for our residents.

In 2020, TSMC announced its plans to invest $12B in Congressional District 8 – bringing the most advanced chip manufacturing in the world to the United States. In December 2022, TSMC announced its commitment to build a second fabrication facility (fab), increasing its total investment to $40B. 

This announced investment would be used to build more fabs in an effort to advance President Trump’s goal to bolster the domestic semiconductor industry. 

TSMC Arizona is expected to create approximately 80,000 jobs over the next 5 years. This investment will put Arizona on track to produce 20% of the world's most advanced semiconductors.