---
title: "TSMC Wins Approval From Phoenix for $12 Billion | PCA News"
url: "https://newphoenixcommercialadvisors.com/news/tsmc-wins-approval-from-phoenix-for-chip-plant/"
description: "City officials in Phoenix, Arizona approved a slate of financial incentives and government support for Taiwan Semiconductor Manufacturing Co.’s planned $12."
publisher: "Phoenix Commercial Advisors"
generated: "11/12/2026"
date: "11/24/2020"
---

# TSMC Wins Approval From Phoenix for $12 Billion Chip Plant

11/24/2020

City officials in Phoenix, Arizona approved a slate of financial incentives and government support for Taiwan Semiconductor Manufacturing Co.’s planned $12 billion chip plant, a step toward bringing high-tech…

[Read the full article at Bloomberg](https://www.bloomberg.com/news/articles/2020-11-19/tsmc-wins-approval-from-phoenix-for-12-billion-chip-plant)

*Reported by Bloomberg. Phoenix Commercial Advisors shares Arizona retail coverage here; the reporting and the copyright belong to the original publisher.*