Press Releases
Congressman Abe Hamadeh Celebrates TSMC's $100 billion Investment in Arizona’s Eighth Congressional District and the America First Manufacturing Agenda
Washington,
July 16, 2026
Congressman Abe Hamadeh today congratulated TSMC (Taiwan Semiconductor Manufacturing Company) and President Donald Trump on $100 billion investment
Washington, D.C. - Arizona Congressman Abe Hamadeh (AZ-08) today congratulated TSMC (Taiwan Semiconductor Manufacturing Company) and President Donald Trump after the White House and Department of Commerce announced a historic $100 billion additional investment in advanced semiconductor manufacturing and packaging facilities in Arizona’s Eighth Congressional District. Congressman Hamadeh has made economic development a cornerstone of his service in Congress, championing Peace through Prosperity. He has worked relentlessly to enhance the livability and opportunity in Arizona’s Eighth Congressional District, while vigorously promoting the talent and potential of its workforce and of American workers nationwide. “This major investment is further proof that the Trump Administration is laser-focused on restoring American manufacturing dominance and securing U.S. technological leadership in artificial intelligence and advanced semiconductors,” said Congressman Hamadeh. “These targeted investments in Arizona’s Eighth Congressional District aren’t just welcome — they’re exactly the kind of bold, America-First moves our district needs. My constituents are ready to work, ready to build, and hungry for the high-paying jobs these projects will deliver right here in the Grand Canyon State.” BACKGROUND: In 2020, TSMC announced plans to invest $12 billion in Congressional District 8, bringing the world’s most advanced chip manufacturing to the United States. In December 2022, the company raised its total investment to $40 billion. TSMC Arizona is expected to create approximately 80,000 jobs over the next five years and position Arizona to produce 20% of the world’s most advanced semiconductors — the critical chips that power modern AI systems.
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