TSMC’s US factory shows the limits of reshoring, tariffs, and corporate welfare

A new examination of Apple partner TSMC’s Arizona facility shines a spotlight on how the U.S. bet on domestic chipmaking is colliding with labor shortages, cost overruns, and global dependencies.

TSMC’s U.S. expansion efforts face global scrutiny

Just outside Phoenix, a sleek, high-security facility is taking shape. Known as Fab 21, the site is operated by Taiwan Semiconductor Manufacturing Company (TSMC) and will soon be one of the most advanced chipmaking facilities in the world.

The microscopic transistors produced here will power Apple devices, artificial intelligence systems and critical infrastructure, representing a significant shift of advanced technology manufacturing to American soil.

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