By Matthew Holloway |

Arizona Congressman Abe Hamadeh (R-AZ8) issued a statement following the announcement by President Donald Trump of a pivotal deal with TSMC (Taiwan Semiconductor Manufacturing Co.) to bring $100 billion in investment for chip manufacturing plants in the U.S. over the next four years.

“Earlier this month, my team met with representatives of TSMC to discuss their plans for future jobs in Arizona, which should focus on tapping into our veteran workforce,” Hamadeh said in the statement. “They are clearly committed to President Trump’s American First Manufacturing agenda, bringing high-paying employment opportunities to CD8 allowing US leaders to increase the quality of life for our residents.”

TSMC established itself during the Biden Administration through the controversial 2020 CHIPS Act. It was at the center of a lawsuit in November due to its hiring practices allegedly favoring Taiwanese nationals as previously reported by AZ Free News. Their current Arizona facility is located within Hamadeh’s congressional district.

In December, the development of TSMC’s Phoenix facility was placed at risk by an unfavorable nonattainment status of ozone National Ambient Air Quality Standards (NAAQS) by the EPA under Biden, leading then-Congresswoman Debbie Lesko, Hamadeh’s predecessor to intervene.

In December 2022, TSMC announced a commitment to build a second fabrication facility (fab) in addition to its North Phoenix facility, increasing its total investment to $40 billion.

As detailed by President Trump in a press conference on Monday, the new investment is set to bring Arizona’s total number of TSMC facilities to five, with thousands of new jobs.

President Trump told reporters, “This $100 billion in new investment will go into building five cutting-edge fabrication facilities in the great state that we just discussed, Arizona, and will create thousands of jobs — many thousands of jobs, and they’re high-paying jobs. In total, today’s announcement brings Taiwan Semiconductor investments to about $165 billion — they’ve started already — among the largest new foreign direct investments in the United States.”

The President added, “Taiwan pretty much has a monopoly on that market. And I think ‘pretty much’ is not a term that’s even appropriate. They do have a monopoly. And this is a tremendous move by the most powerful company in the world. It’s a matter of economic security. It’s also a matter of national security for us.”

TSMC expansion is expected to create approximately 80,000 jobs over the next 5 years.

Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.