Expand / Collapse search
☰
Flash Flood Warning
until FRI 5:45 PM MST, Mohave County
14
Severe Thunderstorm Warning
until FRI 5:45 PM MST, Maricopa County
Flash Flood Warning
from FRI 5:24 PM MST until FRI 8:30 PM MST, Maricopa County
Airport Weather Warning
until FRI 5:45 PM MST, North Phoenix/Glendale, Central Phoenix, Deer Valley
Flood Watch
until FRI 10:00 PM MST, Dripping Springs, Southeast Gila County, Pinal/Superstition Mountains, San Carlos, Mazatzal Mountains, Tonto Basin, Superior, Globe/Miami
Flood Watch
until FRI 6:00 PM MST, Sonoran Desert Natl Monument, Apache Junction/Gold Canyon, Central Phoenix, Fountain Hills/East Mesa, South Mountain/Ahwatukee, Northwest Pinal County, Cave Creek/New River, West Pinal County, Southeast Valley/Queen Creek, East Valley, New River Mesa, Gila Bend, Aguila Valley, Northwest Valley, Tonopah Desert, Buckeye/Avondale, Scottsdale/Paradise Valley, Rio Verde/Salt River, North Phoenix/Glendale, Deer Valley
Flood Watch
from SAT 11:00 PM MST until MON 5:00 AM MST, North Phoenix/Glendale, Aguila Valley, Mazatzal Mountains, Tonopah Desert, Gila Bend, San Carlos, East Valley, Northwest Pinal County, Northwest Valley, Southeast Valley/Queen Creek, Globe/Miami, Deer Valley, Fountain Hills/East Mesa, Apache Junction/Gold Canyon, Buckeye/Avondale, Tonto Basin, Rio Verde/Salt River, South Mountain/Ahwatukee, Dripping Springs, Southeast Gila County, Pinal/Superstition Mountains, Scottsdale/Paradise Valley, New River Mesa, Sonoran Desert Natl Monument, West Pinal County, Superior, Cave Creek/New River, Central Phoenix, Northwest Plateau, Eastern Cochise County below 5000 ft including Douglas/Wilcox, Upper Gila River and Aravaipa Valleys including Clifton/Safford, Southeast Pinal County including Kearny/Mammoth/Oracle, Western Pima County including Ajo/Organ Pipe Cactus National Monument, Dragoon/Mule/Huachuca and Santa Rita Mountains including Bisbee/Canelo Hills/Madera Canyon, Tucson Metro Area including Tucson/Green Valley/Marana/Vail, Tohono O'odham Nation including Sells, Baboquivari Mountains including Kitt Peak, Upper San Pedro River Valley including Sierra Vista/Benson, Chiricahua Mountains including Chiricahua National Monument, Galiuro and Pinaleno Mountains including Mount Graham, Santa Catalina and Rincon Mountains including Mount Lemmon/Summerhaven, White Mountains of Graham and Greenlee Counties including Hannagan Meadow, South Central Pinal County including Eloy/Picacho Peak State Park, Upper Santa Cruz River and Altar Valleys including Nogales, Yavapai County Mountains, Little Colorado River Valley in Navajo County, Western Mogollon Rim, Coconino Plateau, Yavapai County Valleys and Basins, Oak Creek and Sycamore Canyons, Grand Canyon Country, Little Colorado River Valley in Coconino County, Marble and Glen Canyons, Northern Gila County, White Mountains, Kaibab Plateau, Eastern Mogollon Rim, Little Colorado River Valley in Apache County
Flood Watch
from SUN 12:00 AM MDT until MON 5:00 AM MST, Chinle Valley, Chuska Mountains and Defiance Plateau, Northeast Plateaus and Mesas South of Hwy 264, Black Mesa Area, Northeast Plateaus and Mesas Hwy 264 Northward
Flood Watch
from FRI 10:00 AM MST until FRI 10:00 PM MST, Yavapai County Mountains, Oak Creek and Sycamore Canyons, Northern Gila County, Yavapai County Valleys and Basins
Flood Advisory
from FRI 4:44 PM MST until FRI 7:45 PM MST, Mohave County
Flood Advisory
until FRI 7:00 PM MST, Mohave County
Flood Advisory
from FRI 3:01 PM MST until FRI 7:00 PM MST, Maricopa County, Gila County
Flood Advisory
from FRI 4:08 PM MST until FRI 7:15 PM MST, Maricopa County
Flood Advisory
from FRI 4:45 PM MST until FRI 7:45 PM MST, Maricopa County

Trump: Chip maker TSMC to invest $100 billion in U.S.

By
FOX TV Digital Team
Politics
Published March 3, 2025 1:41 PM MST
Published March 3, 2025 1:41 PM MST
President Trump announces multiple new investments
President Trump announces multiple new investments

President Trump announces multiple new investments

In the White House on Monday, President Trump announced new investments by chip maker TSMC, with their CEO CC Wei who also spoke, and was joined by Commerce Secretary Howard Lutnick as well as the administration's "crypto czar".

The Brief

    • Taiwan Semiconductor Manufacturing Co. (TSMC) is the world’s biggest semiconductor manufacturer.
    • The company makes chips for companies such as Apple, Intel and Nvidia.
    • TSMC has already invested $65 billion in the U.S. during Biden’s administration.

WASHINGTON - Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest semiconductor manufacturer, will invest $100 billion in the United States, President Donald Trump announced on Monday. 

"This is a tremendous thing for our country," Trump said on Monday. 

"The most powerful AI chips in the world will be made right here in America," Trump continued. 

What is TSMC? 

FILE - Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Jan. 2, 2025.  (Michael Nagle/Bloomberg via Getty Images)

Dig deeper:

TSMC produces chips for huge tech companies, including Apple, Intel and Nvidia. 

The company had already announced plans to invest more than $65 billion in the U.S., including three plants in Arizona after the Biden administration offered billions in subsidies. 

"This $100 billion in new investments will go into building five cutting-edge fabrication facilities in the great state (Arizona)," the president said on Monday. 

Trump stated the new investment would create "many high-paying jobs." 

The $100 billion in new investments is in addition to TSMC's previous $65 billion investment made during former President Joe Biden's term. 

CHIPS and Science Act

The backstory:

Biden in 2022 signed a sweeping $280 billion law, the CHIPS and Science Act, to try to reinvigorate chip manufacturing in the U.S., especially after the COVID-19 pandemic. 

During the pandemic, chip factories, especially those overseas making the majority of processors, shut down. It had a ripple effect that led to wider problems, such as automobile factory assembly lines shutting down and fueled inflation. 

Trump has criticized the law and taken a different approach, instead threatening to impose high tariffs on imported chips to bring chip manufacturing back to the U.S. 

The Wall Street Journal was the first to report the announcement on Monday. 

The Source: Information for this article was gathered from The Associated Press. This story was reported from Los Angeles. 

PoliticsNewsArizonaNews