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Taiwan Semiconductor secures CHIPS Act funding for three Arizona plants
Market Watch via MSN ^ | 15 November 2024 | Steve Goldstein

Posted on 11/15/2024 9:36:00 AM PST by Alas Babylon!

Taiwan Semiconductor Manufacturing Co., a company integral to modern chipmaking, is being awarded up to $6.6 billion in CHIPS Act funding, the U.S. Commerce Department said Friday.

Besides the direct funding, Taiwan Semi also will be eligible for up to $5 billion of loans.

The award will support the company’s planned investment of more than $65 billion in three greenfield leading-edge fabs in Phoenix, Ariz., and be disbursed based on the completion of project milestones.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: chips; semiconductor; usa
This is very good news, but I thought these plants were already underway.

In any case, a vital industry in AMERICA! MAGA!

1 posted on 11/15/2024 9:36:00 AM PST by Alas Babylon!
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To: Alas Babylon!

Basement Jao is not wrong?


2 posted on 11/15/2024 9:38:10 AM PST by Paladin2
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To: Alas Babylon!

Semiconductor plants are thirsty beasts, I’ve heard.

Glad there’s enough water in the frying pan for these chip plants and the Saudi clover farms...


3 posted on 11/15/2024 9:40:02 AM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: kiryandil

Water consumption: A large fab can use up to 4.8 million gallons of water per day, which is similar to the amount of water a city of 60,000 people uses in a year.

Water type: The water used in semiconductor manufacturing is primarily ultrapure water (UPW), which is thousands of times purer than drinking water.

Water usage per chip: Each chip requires around eight gallons of water.

Water recycling: Most of the water used in semiconductor plants is recycled and reused.


4 posted on 11/15/2024 9:42:09 AM PST by kiryandil (No one in AZ that voted for Trump voted for Gallego )
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To: Alas Babylon!

A govt subsidy? Why can’t they do it with private capital?


5 posted on 11/15/2024 9:45:35 AM PST by lurk (u)
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To: Alas Babylon!
Methinks the Dems supported CHIPS act was as a cynical PR move.

I believe they thought they would be able to stop TSMC from actually doing anything via the EPA.

But now that Trump will take over, I think AZ's Dem Governor will have to do the environmental whacko's dirty work.

6 posted on 11/15/2024 9:47:33 AM PST by SecondAmendment (The history of the present Federal Government is a history of repeated injuries and usurpations ...)
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To: lurk

Well,for that matter, shy a Taiwanese firm and not a US company?


7 posted on 11/15/2024 9:49:35 AM PST by Chicory
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To: Alas Babylon!
I just had a discussion about this semiconductor plant in Phoenix last week with someone in the construction industry. Apparently they used “local contractors” (read that as “illegal aliens,” or as this person called them, “the usual suspects”) to wire the place. Everything is majorly effed up with it. They are now having to fly in licensed electricians from New York and California to completely rewire the plant. In Arizona, you don’t have to be legal, green-carded, licensed, or free of felony conviction to work on these projects. He said, “in construction, Arizona is still the Wild West. Complain about liberal California, but they require licensing to work there.” Then why are they letting them all cross the border there? “They might cross the border in California, but they are coming to work in Arizona.”

This conversation happened because I was seeking assistance while replacing my smoke detectors. The very last smoke detector was not on the circuit breaker. I turned off every circuit in the house and the wires were still testing live with my voltage detector. My condo was built by “the usual suspects.”

8 posted on 11/15/2024 10:05:17 AM PST by ponygirl (Stay gold.)
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To: ponygirl

The first TSMC fab in AZ is up and running and has higher yield ratios than TSMC’s best fabs in Taiwan


9 posted on 11/15/2024 10:30:11 AM PST by Pres Raygun (Repent America)
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To: Pres Raygun

Just repeating what the guy told me and what I experienced in my own new-build construction. They wired my neighbor’s condenser to my AC and vice versa. They installed my tub faucet and never opened the valve, requiring me to hire a plumber to bust through the drywall to fix it. Another neighbor had hot water plumbed to his toilet. Yet another neighbor had nails driven into his AC overflow pipe, which caused a leak in his garage. And then another neighbor who had just done his final walkthrough, signed his final paperwork and received his keys the day before, returned the next day to find all his appliances and ceiling fans had been stolen.


10 posted on 11/15/2024 10:38:16 AM PST by ponygirl (Stay gold.)
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To: ponygirl

“”””They installed my tub faucet and never opened the valve, requiring me to hire a plumber to bust through the drywall to fix it.”””””

What valve? There isn’t a valve hidden in the wall, the entire shower and tub valve can all be accessed by removing the decorative cover plate and can even be replaced entirely through that opening.


11 posted on 11/15/2024 11:07:18 AM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: ansel12
Nope. This one was within the wall. After removing the decorative plate to access and not finding the block, he had to go in through the closet behind the tub to access it. And don’t give me the BS that the plumber was ripping me off. The guy is a good family friend who has done work for me, my parents and my brother and whom I totally trust.

What I don’t trust are felonious illegal aliens being hired by construction companies who bypass licensed American workers and make money hand over fist using them.

12 posted on 11/15/2024 11:15:21 AM PST by ponygirl (Stay gold.)
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To: ponygirl

I was a service/repair plumber contractor and still have no idea what that is about.


13 posted on 11/15/2024 11:22:05 AM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: ansel12

It happened over 10 years ago, so memory is dim, but I can recall that he was flabbergasted and couldn’t believe someone had done whatever they had done. This was in a garden/soak tub separate from the shower and I would turn the knob and no water would come out. When he came over to fix it, he thought it would be an easy fix. When I went to check on him later, he told me he had to go through the closet wall. He still charged me his original “easy fix” estimate, so it wasn’t that.


14 posted on 11/15/2024 11:33:00 AM PST by ponygirl (Stay gold.)
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To: ansel12

I’m guessing shut-offs were installed in the hot and cold lines that feed the tub valve. That way, the tub valve can be worked on or replaced without shutting off the water to the rest of the house. In fact, that is exactly how my shower / tub is set up, with access to the shut-off valves from a closet (actually a pantry) whose rear wall (including the 2x4 spacing) is the “tub valve wall”.


15 posted on 11/15/2024 12:04:13 PM PST by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: Alas Babylon!

Trump’s idea on how to do it is better.


16 posted on 11/15/2024 12:04:45 PM PST by Paul R. (Bin Laden wanted Obama killed so the incompetent VP, Biden, would become President!)
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To: Paul R.

Integral stops are part of some tub and shower valves and are often seen in apartments but they are part of the valve body.

One would have to be pretty eccentric to install shutoffs and an access door for a single dwelling home, as a repair plumber I would recommend against adding leak points inside walls for no reason, those are the things service plumbers learn when they are the guys who see the plumbing 10,20,30,50 years after it is all shiny and new.


17 posted on 11/15/2024 12:24:27 PM PST by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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To: Alas Babylon!

If one really wants to be a welfare queen start a politically connected company. 6.6 billion dollar handout for businesses in a multi trillion dollar industry? Where’s mine?


18 posted on 11/15/2024 1:45:18 PM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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