Taiwan’s president hails Arizona chips project

News Snapshot:

This photo shows the logo of TSMC (Taiwan Semiconductor Manufacturing Company) during the Taiwan Innotech Expo at the World Trade Center in Taipei, Taiwan, Oct. 14, 2022. (AP Photo/Chiang Ying-ying, File) TAIPEI, Taiwan — Taiwan’s President William Lai Ching-te said that a Taiwanese semiconductor company’s massive investment in Arizona is the “best model” for the island’s effort to build computer chips supply lines that don’t rely on Chinese producers, in remarks to the state’s visiting Governor Katie Hobbs. Taiwan’s leading chipmaker TSMC has committed $100 billion to build three chip foundries, an R&D center and two packaging facilities in Arizona,...