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The Wall Street Journal: Taiwan Semiconductor to build $12 billion chip factory in Arizona

Taiwan Semiconductor Manufacturing Co., the world’s largest contract manufacturer of silicon chips, said Friday it would spend $ 12 billion to build a chip factory in Arizona, as U.S. concerns grow about dependence on Asia for the critical technology. TSMC TSM, +2.31% 2330, +1.70% said the project, disclosed earlier Thursday …

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