The New Silicon Valleys: Arizona And Texas -- May 23, 2021

One of the blog posts I like best had to do with semiconductor chips. 

That was perhaps the best update on chips on any blog that requires no subscription and no password. LOL. 

Read that post first, and then read the following:

TSMC -- largest chip maker in the world -- set to "double down" and vastly increase US semiconductor chip investment in Arizona. Link here.
The company had already said it was going to invest $10 billion to $12 billion in Arizona. Now, the company is mulling a more advanced 3 nanometer plant that could cost between $23 billion and $25 billion, sources said. The changes would come over the next 10 to 15 years, as the company builds out its Phoenix campus, the report notes.

The move would put TSMC in direct competition with Intel and Samsung for subsidies from the U.S. government. President Joe Biden has proposed $50 billion in funding for domestic chip manufacturing - a proposal the Senate could act on as soon as this week. Intel has also committed to two new fabs in Arizona and Samsung is planning a $17 billion factory in Austin, Texas. 

Note:

• the chip factories are not being built where the end-users are based (California);
• the chip factories are being built in Texas and Arizona
• one thing Texas and Arizona have in common: USAA with mirror operations
• Austin, TX: the new Silicon Valley
• UT-Austin