Chip wars: Computer chip giant TSMC says it will more than triple its investment in a giant US plant to $40bn (£33bn). It is one of the largest foreign investments in American history. The announcement came as President Joe Biden and the Taiwan-based firm’s boss opened the factory in Arizona. The Biden administration is pushing ahead with plans to bring onshore production of key components in everything from phones to military jets.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UAE launches green education strategy

It emerged that the UAE would launch an international eco-education programme to…

Apple Scary Fast launches MacBook Pro, iMac, M3 chips

Apple unveiled a host of products, including a new iMac and the…

X to launch premium subscriptions soon

Elon Musk said on Friday social media platform X, formerly known as…

PIA to resume Islamabad-Kabul commercial flights

The Pakistan International Airlines (PIA) will restart flights from Islamabad to Kabul…