Taiwan Semiconductor Manufacturing Corporation (TSMC) recently announced it would directly affect Arizona, but the future of Arizona remains after a speech by Donald Trump on Tuesday night.
R-Ariz. Rep. Abe Hamadeh.
“He knows how to make a deal and get foreign companies to the U.S. It’s the best of all the world because they abandoned the policy there to come to the U.S., benefiting from our lower regulations, and we have less taxes,” the congressman in the region said in an interview with TSMC News on Monday, which said in an interview with TSMC News on Monday. Trump’s speech.
Trump calls for an end to chips, so
Right GOP Rep. Abe Hamadeh told Fox News Digital that President Donald Trump’s leadership has already brought dividends to the military. (Getty/Rep Abe Hamadeh)
“It will be great. For my constituents, we are working again to make sure they focus on hiring Americans and veterans.” According to the press release, Hamadeh employees met with TSMC last month.
The announcement comes amid the president’s call for the repeal of the Chips and Science Act, which provides direct economic incentives to develop supply chains in the semiconductor industry.
“Your chip law is a horrible, terrible thing. We have paid hundreds of billions of dollars, and that doesn’t mean anything. They took our money, they don’t spend it.”
Trump’s speech to the first five moments of the joint meeting of Congress
President Donald Trump speaks on March 4, 2025. (Imagn)
The debate on the success of the semiconductor industry has focused on whether companies have come to the United States due to a priority business environment or grants and loan transactions.
The legislation received bipartisan support in 2022, and the legislation was under direct scrutiny last year. Intel has major layoffs Despite being cleaned up with $8.5 billion in federal funds.
“The CHIPS Act is what helped get TSMC to the US and Arizona. And it brought their $100 billion announcement that came earlier this week—at the White House. Getting rid of the CHIPS Act would hurt the entire American microchip industry, including suppliers, American companies, and more,” Sen. Mark Kelly, D-Ariz., posted to X on Tuesday night, as the repeal effort was mentioned in Trump’s Joint Address to Congress.
“In addition, it unveils the years of bipartisan work needed to bring these investments to Arizona. We can’t let politics get in the way of that investment,” the senator added.
Especially when it comes to TSMC, efforts to attract large chip manufacturers are underway The first Trump administration – The company did sign a preliminary agreement on economic incentives under the plan before the bill became law for former President Joe Biden.
Chip giant TSMC to invest $100B in US manufacturing
Then-President Joe Biden talked about his economic agenda after visiting the construction site of the new computer chip factory of Taiwan Semiconductor Manufacturing Corporation in Phoenix. (AP)
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“It was actually President Trump, Rick Glinnell, Wilbur Ross, who brought it [TSMC] Enter the United States,” Hamad said.
The freshman Republican lawmaker added that presidential tariff policies, including Mexico and Canada, would help boost U.S. manufacturing.
“I think the tariffs are very good because you’ve seen the results of it,” he said. “These companies, they know they can hire Americans, they can make it in the United States. “Now, President Trump has removed a lot of momentum by imposing these tariffs.” So, it is clear that his policies are at work. ”
Most of Taiwan’s semiconductor industry is located in Taiwan, raising national security concerns as high tensions between China and the U.S. chips play a crucial role in operating everyday technologies, including consumer electronics such as mobile phones and computers.
