4 ms·

A memorable one was Foxconn https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-billion-wisconsin-project-touted-by-trump.html https://www.cnbc.com/2021/

A memorable one was Foxconn https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-billion-wisconsin-project-touted-by-trump.html 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

chrisco255 1y ago
There's plenty of positive examples including TSMC in Arizona, Samsung in Texas, etc: https://www.azfamily.com/2025/04/29/tsmc-breaks-ground-third-facility-north-phoenix/ https://www.azfamily.com/2025/04/29/tsmc-breaks-ground-third... https://pr.tsmc.com/english/news/3210 https://pr.tsmc.com/english/news/3210 https://www.techtimes.com/articles/311514/20250728/tesla-taps-samsungs-texas-factory-build-next-gen-ai6-chip-165b-deal-says-elon-musk.htm https://www.techtimes.com/articles/311514/20250728/tesla-tap...
- mbs159 1y ago
  TSMC in Arizona flew in many people from Taiwan due to shortage in local labor
  - chrisco255 1y ago
    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.
- estearum 1y ago
  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.