The Taiwan Semiconductor Manufacturing Company (TSMC) broke ground Tuesday on its third factory in Arizona, widening the Trump administration’s push to yank critical chip production out of China’s shadow, according to the Department of Commerce. The new fab — backed by some $6.6 billion in CHIPS Act grants and part of a broader $100 billion expansion pledge TSMC made in March — is slated to provide thousands of local jobs and anchor a domestic supply chain for everything from smartphones to fighter jet avionics, according to a TSMC press release “It’s the key,” Commerce Secretary Howard Lutnick said of domestic...