On a dusty stretch of desert outside Phoenix, Arizona, a skyline of steel frames and clean-room towers is rising. Not for apartments or office towers, but for a “city within a city” devoted to making the world’s most advanced semiconductors. Taiwan Semiconductor Manufacturing Co. (TSMC), the linchpin of global chip supply, is pouring tens of billions into three new fabrication plants here, with help from the CHIPS and Science Act. The stakes are far larger than jobs or tax revenue. In a world where the tiniest chips control everything…Continue Reading.
