By Corina Vanek | Phoenix Business Journal
An expansive swath of desert in north Phoenix is likely the landing spot for Taiwan Semiconductor Manufacturing Co. Ltd.’s $12 billion plant, multiple sources with knowledge of the deal confirmed.
The world’s largest contract silicon chip manufacturer announced in May that it was planning to build a $12 billion plant in Phoenix and create more than 1,600 jobs. Taiwan Semiconductor (NYSE: TSM), which makes silicon chips for Apple and several other major technology companies, has been evaluating several sites in Phoenix for the factory. The company is expected to officially confirm the location by the end of the year.
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