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Going up and creating jobs

Peek into the building of the massive new $12 billion Taiwan Semiconductor Manufacturing Company fabrication foundry in north Phoenix

June 22, 2022

Editor’s note: This story first appeared in ASU Thrive’s special photography issue, celebrating a day in the life of inspiring people across the ASU community. 

Taiwan Semiconductor Manufacturing Company is one of the world’s 10 most valuable companies. Its $12 billion plant in Arizona will be TSMC’s first factory in the U.S. in two decades and is the largest foreign direct investment in Arizona history. 

The fab will bring 2,000 direct jobs, as TSMC is directly hiring high-tech roles for its new foundry. Each microelectronics job has a 5x multiplier effect, creating at least five additional jobs for suppliers and vendors, according to the L. William Seidman Research Institute at the W. P. Carey School of Business.

The photos highlight the site’s large red crane that gives an idea of the project’s scale. The last two projects the crane worked on were major league sports stadiums. 

ASU was instrumental in helping to bring TSMC to the Valley. Learn about ASU’s work on semiconductors at

Partially built buildings on construction site

Photos courtesy of TSMC

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