TSMC announced a second chip plant for Arizona to begin production of highly coveted 3nm process technology in 2026. | Taiwan-based chipmaker said Arizona fabs will create 10,000 high tech jobs with production starting in 2024 for N4 process and 2026 for 3nm
Arizona has access to a lot of the larger rivers like the Colorado, so they can get water pretty easily, and then at least when I was in Arizona, I knew a business owner from China who opened their company there because of the relatively low tax rates. But they’re not super low from what I remember. Let me check. Yeah combined corporate tax rate of over 9%, which is apparently the 19th of the US for corporate tax rates.
Water access is there, there’s obviously tons of super cheap land for development, and the corporate tax rates aren’t so bad.
The water is there but already overpromised to existing stakeholders. Building thirsty new industries in a dry state just doesn’t make any sense to me.
Arizona has access to a lot of the larger rivers like the Colorado, so they can get water pretty easily, and then at least when I was in Arizona, I knew a business owner from China who opened their company there because of the relatively low tax rates. But they’re not super low from what I remember. Let me check. Yeah combined corporate tax rate of over 9%, which is apparently the 19th of the US for corporate tax rates.
Water access is there, there’s obviously tons of super cheap land for development, and the corporate tax rates aren’t so bad.
The water is there but already overpromised to existing stakeholders. Building thirsty new industries in a dry state just doesn’t make any sense to me.