"TSMC's Expansion in Arizona: A Multibillion-Dollar Boost for US Chip Manufacturing"

The Commerce Department has pledged up to $6.6 billion to TSMC for a new chip manufacturing facility in Arizona, raising concerns about water usage in the drought-plagued region. While Phoenix officials claim there is enough water for TSMC and potential future projects, experts warn of the risks associated with the water-intensive semiconductor industry. TSMC's increasing water usage and wastewater production have drawn skepticism, despite its commitment to recycling and reducing discharge. With the facilities not expected to come online until 2028, concerns about water scarcity and environmental impact in the region persist as Arizona positions itself as a semiconductor manufacturing hub.
- Water-guzzling chipmaker TSMC and drought-plagued Arizona are an unlikely pair, but Phoenix says it has enough water Fortune
- Biden to give Taiwan’s TSMC $6.6 billion to ramp up US chip production CNN
- U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security CNBC
- TSMC stock jumps on Biden's $11.6 billion funding to boost US chip manufacturing Yahoo Finance
- Multibillion-dollar Silicon Valley facility imperiled by federal plan San Francisco Chronicle
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