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Closing Bell Overtime 12/6/22

Closing Bell

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TSMC Invests $40 Billion Here in Arizona

Taiwanese semiconductor giant TSMC has announced a second major investment in the United States. It will construct a second fab here in Phoenix to build chips and three nano chips, the three nano chips. The chips will power iPhones and MacBooks as Tim Cook can attest. Apple had to buy all the advanced chips from overseas. Now they're going to bring more of their supply chain here at home. President Obama: "Where is it written that America can't lead the world once again in manufacturing? I don't know where that's written"

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