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re: CEO of Taiwan Semiconductors officially announced $100 BILLION investment into the U.S.

Posted on 3/3/25 at 6:21 pm to
Posted by Cuthbert13
Member since Apr 2024
522 posts
Posted on 3/3/25 at 6:21 pm to
WINNING!
Posted by bigeasy19
Member since Oct 2024
38 posts
Posted on 3/3/25 at 6:40 pm to
Foxconn
Posted by deltaland
Member since Mar 2011
100830 posts
Posted on 3/3/25 at 6:41 pm to
quote:

Do the tariffs have that much control over the stock market or is it something else?



Atlanta Fed predicted a GDP reduction of 2.8% 1st quarter. That’s why
Posted by LaMigra
Member since Nov 2022
2716 posts
Posted on 3/3/25 at 6:44 pm to
Yes except for upping it up to $200 billion
Posted by DaveyJones12
Member since Dec 2022
328 posts
Posted on 3/3/25 at 6:47 pm to
Is this different or on top of CHIPS act stuff? They already were at $40B with chips act
Posted by dblwall
Member since Jul 2017
1168 posts
Posted on 3/3/25 at 6:50 pm to
quote:

They willl either have retirees or illegals as workers. Nothing else in Arizona


Hey I resemble that remark.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 3/3/25 at 6:51 pm to
Guess I don't see the point of building them all in Arizona.
Posted by dblwall
Member since Jul 2017
1168 posts
Posted on 3/3/25 at 7:31 pm to
Lots of dry desert that's not good for much else.
Posted by AlexLWR
Member since Oct 2024
304 posts
Posted on 3/3/25 at 9:57 pm to
quote:

Great, but wish would be in Texas


Taiwan is Texas’seventh-largest trading partner. Taiwan is already the fourth-largest source country for capital investment created by FDI in Texas.

For new investment, Taiwan's Foxconn, the world's largest contract electronics maker and a major supplier to Apple (AAPL.O), opens new tab and Nvidia (NVDA.O), opens new tab in Harris County, Texas.

Taiwanese contract laptop makers Compal, opens new tab and Inventec opens new tab - which also makes AI servers - may expand into the Texas
Posted by FourThinInches
Member since Apr 2012
1351 posts
Posted on 3/3/25 at 10:34 pm to
Foxconn screwed Trump as well with that factory in Wisconsin in his first term. Need to read the details, but they need to charge them max tariffs until they put the money down.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 3/3/25 at 10:36 pm to
Snagged some calls today
Posted by Thecoz
Member since Dec 2018
3880 posts
Posted on 3/3/25 at 11:01 pm to
Arizona has been chasing these kinds of plants for a long time.and getting them.. . they need special builds as you could imagine..

They were chasing it before the 280 billion dollar chips act from Biden and already upped their commitment from 45 to 65 billion last year for building plants in Arizona also (?)… not sure if those numbers are included in this 100 billion comment.


Arizonas sales pitch

Climate and Geography: Arizona's dry desert climate with low humidity and stable geological conditions are ideal for sensitive semiconductor manufacturing processes.
Land Availability: Spacious land plots are available for large-scale chip fabrication plants.
Workforce: A growing pool of skilled workers with experience in the semiconductor industry, thanks to companies like Motorola and Intel already having a presence in the state.
Government Incentives: Arizona actively attracts semiconductor companies with tax breaks and other financial support programs.
Infrastructure: Existing infrastructure and access to utilities like electricity are suitable for high-power chip manufacturing needs.
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