Mr. Biden [speaking in Phoenix]: Sophie [wife of Mark Liu, Chairman of Taiwan Semiconductor Manufacturing Company] worked in my first senatorial campaign while I ran for the senate. So I owe an awful lot to this company.

"In early November, the state of Arizona announced it would allocate $100 million in federal funds it was awarded to boost the state’s semiconductor industry and after the CHIPS and Science Act was signed into law in August. TSMC is scheduled to start mass production of semiconductor chips in Phoenix in 2024."

https://www.aztechcouncil.org/biden-to-visit-tsmc-plant-under-construction-in-north-phoenix/