- Taiwan Semiconductor Manufacturing Company (TSMC) has announced an additional $100 billion investment in U.S. semiconductor manufacturing, bringing its total U.S. investment to $165 billion. The expansion includes the construction of three new fabrication plants, two advanced packaging facilities, and a major research and development center in Arizona. This initiative is expected to create between 20,000 to 25,000 high-paying jobs and strengthen the U.S. semiconductor supply chain. The U.S. Department of Commerce has awarded TSMC's Arizona subsidiary a $6.6 billion grant to support this expansion. However, market concerns have led to a 4% decline in TSMC's U.S.-listed shares, with potential trade policies and tariffs posing risks to the investment.
According to the 2020 US census, the population of Phoenix, AZ was 1,658,422.
The average property price in Phoenix, AZ is $416,728.
The property prices in Phoenix, AZ are currently on an increasing trend.
The average rent value in Phoenix, AZ is $1,675.
The average household income in Phoenix, AZ is $90,481.