Sinema Discusses Arizona Wins in her Chips and Science Law with Arizona’s Taiwan Semiconductor Manufacturing Company

Feb 14, 2023

Following the passage of Sinema’s Chips and Science law, Taiwan Semiconductor Manufacturing Company increased its investment in Arizona from $12 billion to $40 billion

WASHINGTON – Arizona senior Senator Kyrsten Sinema held a meeting with Taiwan Semiconductor Manufacturing Company (TSMC) Arizona CEO Rick Cassidy to discuss the impact of the Senator’s Chips and Science law – legislation making an unprecedented investment in American semiconductor manufacturing – on Arizona.
As the new Chair of the Space and Science Subcommittee, Sinema will oversee the implementation of the Chips and Science law. Following the passage of Sinema’s bipartisan law, TSMC announced that it would double down on its investment in Arizona semiconductor manufacturing by increasing its previously $12 billion plan to a massive $40 billion plan to expand and upgrade operations in the Valley.
“Our entire state benefits from our bipartisan Chips and Science law and TSMC’s massive investment in Arizona. By working side-by-side with partners like TSMC, we’re delivering tens of thousands of strong Arizona careers, strengthening our national security, cutting down on supply chain delays, and lowering costs for everyday families,” said Sinema, Chair of the Space and Science Subcommittee.
During the meeting, Sinema acknowledged the need to focus more on expanding the semiconductor workforce in order to meet domestic manufacturing goals. The Senator, in her new role as Chair of the Space and Science Subcommittee, expressed her intention to provide oversight on the workforce grant application process and do more to attract and retain talent in Arizona and across the country.
The Chips and Science law provides more than $52 billion to boost domestic semiconductor manufacturing amidst a global semiconductor shortage, reducing reliance on foreign countries like China and enhancing the United States’ global competitiveness. The historic investment will support tens of thousands of jobs in Arizona alone.

The law also modernizes the federal government’s approach to science, improves the National Science Foundation, grows the STEM workforce, and expands our country’s global leadership in innovation, research, and development – keeping the United States ahead of China and other global competitors in technological advancement. Additionally, the Sinema-shaped legislation includes key provisions ensuring none of the historic investments in innovation, manufacturing, or development can go to China – keeping the law American-focused and boosting American jobs.
Sinema ensured the law reauthorizes the National Aeronautics and Space Administration (NASA), incorporating provisions she drafted as a leader on the Space subcommittee – directing NASA to fund key science research at Arizona universities, maintaining the International Space Station, and sending the first woman to the moon.
Throughout negotiations that ultimately led to the success of the legislation, Sinema consistently heard from Arizona manufacturers about how the plan will relieve ongoing supply chain challenges, get goods to store shelves faster, and expand economic opportunities in Arizona and across the country.