The recent announcement of Taiwan Semiconductor Manufacturing Company (TSMC) to insert another $ 100 billion into the United States will have a direct impact on Arizona, but the discussion on the future of the semiconductor industry lasts after addressing President Donald Trump on Tuesday night.
Ambassador Abe Hamadeh, R-ARIZ, said Trump’s influence played a critical role in building a company on their existing investment in the State of Grand Canyon, as the announcement happened in the White House earlier this week.
“He knows how to arrange contracts and that foreign companies come to the United States. This is the best of all worlds, because they leave politics there to come to the United States to benefit from our lower regulations, our fewer taxes,” Congressman said, and the TSMC plant, in an interview with a digital interview on Monday, Trump’s speech.
Trump calls for the completion of chips in addressing Congress
GOP, Ambassador Abe Hamadeh, right, told Fox News Digital that President Donald Trump’s leadership is already paying dividends for the military. (Getty/tail Abe Hamadeh)
“It will be great. And for my voters, again, it is difficult to push to make sure that they focus on employment of Americans and veterans,” he added. Hamadeh’s staff met with TSMC last month, the statement said.
The announcement comes while the president calls for the abolition of the Law on Chips and Sciences, a bill that has provided direct financial incentives for the growth of the supply chain of the semiconductor industry.
“Your chips is a terrible, terrible thing. We give hundreds of billions of dollars and that doesn’t mean anything. They take our money and don’t spend it,” Trump said on Tuesday night.
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President Donald Trump addressed a joint session of Congress on March 4, 2025. (Imagine)
The discussion on the success of the semiconductor industry with the law is mostly focused on whether companies come to the United States for a desirable business environment or because of the award and loan agreement.
The legislation, which brought to some double -sided support in 2022, was under direct supervision last year as Intel had great dismissals Despite the removal of federal funds for $ 8.5 billion.
“The Law on Chips is what helped TSMC get in the US and Arizona. And it brought their announcement of $ 100 billion, which arrived earlier this week with a white house. The chips of chips would harm the entire US microchip industry, including suppliers, US companies and more,” Senator Mark Kelly Tuesday, but to mate.
“In addition, it reveals the years of two -sided work that is needed to bring these investments in Arizona. We cannot allow the policy to interfere with that,” the senator added.
When it comes to TSMC, the effort to harvest a large chip manufacturer was ongoing during First Trump administration – Before the law became a law under former President Joe Biden, but the company concluded preliminary agreements on financial incentives within the program.
Chip Giant TSMC invest $ 100 billion in US production
At that time, President Joe Biden talks about his economic program after visiting the construction site for a new computer chip plant for Taiwanese companies for the production of the semiconductor in Phoenix. (AP)
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“Actually brought by President Trump, Ric Grinnell, Wilbur Ross [TSMC] To the United States, “Hamadeh said.
Freshman Republican MP added that the presidential tariffs, which include Mexico and Canada, will help strengthen American production.
“I think the tariffs are excellent because you already see the results so quickly. These companies understand that they could hire Americans, who could produce in America. There is currently just an incentive so it doesn’t,” he said. “And now what President Trump has removed a lot by imposing these tariffs. So obviously his policies work.”
Most of the semiconductor industry rests in Taiwan, which has caused concern for national security given the high tensions between China and US chips play a critical role in the work of daily technology, including consumer electronics such as telephone and computer.
