# TSMC to invest over $65B in three fabs in Phoenix, Arizona with up to $6.6B CHIPS funding

The Biden-Harris Administration announced preliminary terms with TSMC for up to $6.6 billion in CHIPS Act direct funding to support TSMC's investment of more than $65 billion in three leading-edge semiconductor fabs in Phoenix, Arizona. TSMC is committing to build a third fab, creating approximately 6,000 direct manufacturing jobs and over 20,000 construction jobs.

- Type: Investment
- Announced: 2024-04-08
- Where: Phoenix, Arizona, United States
- Value: $65.0B
- Jobs: 6,000
- Status: announced
- Products: 2 nanometer and more advanced semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TSMC](https://endata.com/companies/15886.md)
- [TSMC Arizona Corporation](https://endata.com/companies/76680.md)

## Sources

- [commerce.gov](https://www.commerce.gov/news/press-releases/2024/04/biden-harris-administration-announces-preliminary-terms-tsmc-expanded), 2024-04-08: "TSMC Arizona is committing to build an additional third fab before the end of the decade."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.