This could be a promise to overcome the US’s dependence on imports of some of the most advanced electronic components in the world: on Tuesday, Joe Biden is going to Arizona to celebrate a large-scale investment by the Taiwanese company TSMC in a semiconductor factory, writes AFP.

“This is more than a ribbon-cutting ceremony, this is about creating an ecosystem in the United States” for these essential components for the smooth functioning of all electronic devices, said Brian Dees, the president’s chief economic adviser.

In Phoenix, the 80-year-old Democrat will be surrounded by industry leaders, with Tim Cook, the boss of Apple, representing semiconductor consumers, as well as representatives of companies less known to the general public but very strategic in technology. world such as Micron, AMD and Nvidia.

TMSC, which has already decided to base in Arizona, a state in the southeastern United States, in May 2020 during the Trump presidency, announced on Tuesday that it is giving its project a completely different dimension.

Investments tripled

There will be two factories instead of one, which will triple the cost of investment from 12 to 40 billion dollars. The first plant is expected to start production by 2024, and the second plant by 2026.

In total, the Taiwanese company expects to create “10,000 high-paying high-tech jobs,” including 4,500 directly at TSMC.

But all of this goes “beyond semiconductors,” said Brian Dees, praising Joe Biden’s policies to revive the industry and technology.

• Taiwan’s TSMC Announces One of the Largest Foreign Investments in US History: $40 Billion in Microprocessors