President Biden in Arizona: Event to mark semiconductor company's big investment in state

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President Biden in Arizona: Event to mark semiconductor company's big investment in state
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Joe Biden on Tuesday will visit Arizona for the first time as president, appearing at a massive Taiwan Semiconductor Manufacturing Co. facility under construction.

Joe Biden on Tuesday will visit Arizona for the first time as president, appearing at a massive Taiwan Semiconductor Manufacturing Co. facility under construction in north Phoenix. TSMC has just announced it was expanding its investment in Arizona to $40 billion to produce cutting-edge semiconductors.Follow coverage by Arizona Republic reporters here.

8 a.m.: Apple CEO and other executives expected at the Biden event, plus senator, governor and other politicians Taiwan Semiconductor Manufacturing Company’s founder, 91-year-old Morris Chang, and executives from TSMC’s suppliers and customers are expected to attend the event along with several Arizona politicians. Business executives are expected to include Apple CEO Tim Cook, , Micron CEO Sanjay Mehrotra and NVIDIA CEO Jensen Huang. Secretary of Commerce Gina Raimondo and Arizona politicians U.S. Sen. Mark Kelly, D-Ariz., and his wife, former Rep. Gabrielle Giffords, and Democratic U.S.

Taiwan Semiconductor Manufacturing Co. is expected to have an massive effect on the Phoenix area and statewide, through industry growth and job creation, further development of north Phoenix for both housing and commercial projects and cultural exchange between Arizona and Taiwan. Companies that supply TSMC have been flocking to the Phoenix area, and across the state more broadly, to be near its factory.

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