The Taiwan Semiconductor Manufacturing Company (TSMC) witnessed a significant uptick in its stock value subsequent to the U.S. government's confirmation of an $11.6 billion investment aimed at boosting semiconductor manufacturing in Arizona. This financial injection is intended to expedite TSMC's plans for developing three state-of-the-art facilities in Phoenix, which are anticipated to create thousands of high-tech and construction jobs, marking a major step forward in the U.S.'s quest to reclaim semiconductor manufacturing leadership.