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TSMC's planned facilities are expected to produce 6,000 high-tech jobs and 20,000 construction jobs, the Commerce Department said.

TSMC secured $6.6 billion in US government funding for Arizona expansion. CHIPS Act support aids $65 billion in investment, driving job creation and bolstering the US chip industry.

Semiconductor Industry: Japanese companies like Sony, Denso and Toyota are investing in the TSMC subsidiary that opened the plant in February, although the Taiwanese giant retained an 86.5% stake in the Japan Advanced Semiconductor Manufacturing Company. The project underlines Japan's hopes to regain its presence in the computer chips industry.

Semiconductor Industry: Japanese companies like Sony, Denso and Toyota are investing in the TSMC subsidiary that opened the plant in February, although the Taiwanese giant retained an 86.5% stake in the Japan Advanced Semiconductor Manufacturing Company. The project underlines Japan's hopes to regain its presence in the computer chips industry.

On Friday evening, TSMC issued a statement stating that apart from certain production lines in areas that experienced a greater seismic impact, equipment in Taiwan fabs have largely been fully recovered as of April 5 thanks to the collaborative efforts of TSMC colleagues and our supplier partners.”