Arizona Governor Hobbs visits Taiwan to strengthen semiconductor ties

Arizona Governor Katie Hobbs is visiting Taiwan to strengthen ties with the semiconductor industry, particularly with Taiwan Semiconductor Manufacturing Company (TSMC), which recently announced a $100 billion expansion in Arizona. During her trip, she will meet with Taiwanese President Lai Ching-te and TSMC executives to discuss further collaboration and investment opportunities. Hobbs emphasized Arizona's position as a hub for advanced manufacturing and its potential to attract global tech companies, creating thousands of jobs in the process. Accompanying her is Sandra Watson, president and CEO of the Arizona Commerce Authority, who highlighted the longstanding partnership between Arizona and Taiwan. The visit follows significant investments in Arizona’s tech sector, including projects by major companies like Intel and LG Energy Solution. Hobbs aims to reassure Taiwanese partners about Arizona's business climate amid concerns regarding federal subsidy volatility for the semiconductor industry.