No. of Recommendations: 3
You should remember this DB.
Indeed I do. A percentage of projects are going to be canceled or are frauds. If half of, say, $500 billion in projects never happen then the other $250 billion do.
And there are also expansion plans. Taiwan Semi has been building in Arizona for a couple of years. This month they expanded the project.
Taiwan Semiconductor Manufacturing unveils ambitious expansion plans for Phoenix complex
www.azcentral.com/story/money/business/tech/2025/04/17/tsmc-details-expansion-plans-for-phoenix-complex/83138028007/
Wei alluded to his recent visit with President Donald Trump at the White House, when TSMC announced its intention to invest an additional $100 billion in the Phoenix complex north of Loop 303, raising its total commitment here to $165 billion. The investment aligns with Trump's goal of bringing more manufacturing, especially in advanced industries, back to American soil.
IIRC, the domestic content auto rules (back in the '80s?) resulted in quite a few Japanese car plants being located in the US. At any rate, I was reacting to Jim's over the top comment about 'water just isn't coming back, ever, period'.
DB2
