THE FACTORY IN PHOENIX THAT COULD SAVE AMERICAN MANUFACTURING

Summary from the TLDR newsletter

TSMC Arizona's first plant has been producing chips for two years. Its rate of output in Phoenix is comparable to that in Taiwan. TSMC sends engineers to Arizona on contracts of up to three years, with families moving from Taiwan to the site. Some of the families that moved in the first wave now want to build lives in the US, as they want to give their children a chance to integrate, for their kids' education, or because they prefer the American lifestyle, and there are legal pathways for doing so. This article looks at the impact the factory had on Phoenix, the employees who moved to America to work there, and the chip manufacturing industry in the US.