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by lelandfe 313 days ago
A memorable one was Foxconn https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-b...

> Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000

1 comments

TSMC in Arizona flew in many people from Taiwan due to shortage in local labor
I'm glad they're doing what it takes to bootstrap the operation. What TSMC does is highly technical and no doubt there will be a ramp up period to build up the labor pool and talent.
Neither TSMC in Arizona or Samsung in Texas were promises made to the Trump admin though. TSMC was announced in May 2020 (tail end of Trump 1) and Samsung was November 2021.

I don't think GP was saying "no one invests in the US," but rather that these particular announcements clearly designed to appease POTUS do not come to fruition.