No. of Recommendations: 7
It's clear that the Biden-haters here will grasp at whatever straws they can to turn the positives of a major piece of
bipartisan economic legislation to a negative.
The CHIPS act aims to bring the semiconductor manufacturing industry back to the US, and create thousands of jobs here.
The Semiconductor Industry Association, which analyzed announced investments from May 2020 to December 2022, claimed the CHIPS Act had led to more than 50 projects worth more than $200 billion that would create
44,000 jobs.
Arizona is in line for the largest individual investment: TSMC's $65 billion investment, which is predicted to create 6,000 jobs. Overall, more than 11,000 jobs will be created in Arizona alone, and $97.5 billion is being invested there.
Anyone here from Arizona? Let's get real, and look at what's going in the Golden Triangle.
"About 7 miles south of a massive construction site where Taiwan Semiconductor Manufacturing Co., the world’s biggest chipmaker, is building three factories, one neighborhood is undergoing dramatic change. Three new apartment complexes, with a combined 852 units, have been approved for construction inside its borders. Developers and city officials say the housing is needed, in part, to meet demand driven by the semiconductor industry.
The small-business ownersToward one corner of the Golden Triangle, there is a freshly built strip mall with a Mexican restaurant, a nail salon, a day care center and a couple of other small businesses. Its construction was part of a wave of commercial development in the area.
Kat Blaz, the owner of a Bricks & Minifigs franchise, which sells new and used Lego products, opened her store about 2˝ years ago. “I was so excited when I found out what was going in behind us,” she said, referring to the planned apartment complexes. “It’s hard nowadays for brick-and-mortar [businesses] to survive with all the online shopping, and so the fact that we can get more foot traffic is awesome,” she said.
Read more at
https://www.marketplace.org/2024/05/29/the-golden-... and Wikipedia -
https://en.wikipedia.org/wiki/CHIPS_and_Science_Ac....
