Economic oasis emerges in the Arizona desert
CBS America · Just In
CBS America
Just In
Arizona is fast becoming a major hub for computer chip production thanks to what's being called the largest foreign direct investment in U.S. history. Kris Van Cleave takes us to a sprawling campus in Phoenix that is providing thousands of jobs while reducing America's reliance on overseas products.
Breakdown
- Arizona is becoming a major hub for computer chip production.
- TSMC's Phoenix campus has created over 3,000 jobs so far. 1m 1s
- TSMC's investment has grown to $165 billion, the largest in U.S. history. 1m 33s
- TSMC expanded to the U.S. for supply chain resilience at customer request. 1m 55s
- Local workers are gaining financial stability and new career opportunities. 1m 58s