US President Joe Biden will visit Arizona on Tuesday (June 12) to visit a computer chip factory.

This highlights the state’s place in the emerging US semiconductor system.

Biden, Taiwan Semiconductor Company. Factory visit.

(TSMC) in North Phoenix.

He will tour the factory and announce its financial plans and the associated “manufacturing boom,” White House press secretary Karine Jean-Pierre said in a statement Monday (May 12).

TSMC is the world’s largest supplier of semiconductor chips.

Last August, Biden signed the Chip and Science Act into law.

It’s a law meant to counter China’s huge subsidies for chip production.

The legislation provides about $52 billion in funding for U.S. companies to produce chips used in technologies such as smartphones, electric vehicles, electrical equipment and weapons systems.

Arizona is one of several states seeking federal funding.

The President will also be in Phoenix to celebrate TSMC’s “first-time tooling” as the building prepares to receive a flood of production equipment.

A TSMC plant in northern Phoenix, tech giant Intel expanding to the southeast, and suppliers from all over the world are flocking to the city.