Pierre Omidyar has been exposed and revealed as financing the Facebook Whistleblower operation. Next, a Shade War update on Kamala Harris stepping out on her own. Third, the Taiwanese chip giant that is opening a $12 billion plant where? Where? Phoenix, Arizona. And finally, Project Veritas to the New Jersey Governor imposing a COVID Vax mandate. All this and more on today s Human Events Daily!
00:13:28.280They know that President Biden is flailing right now, and they are doing everything they can to poise themselves to be the ones to step up,
00:13:39.940stand in the breach, and enter the Oval Office.
00:13:44.700And she wants to sit behind that desk.
00:13:49.200Now, this is actually an excellent story, and it couldn't come at a better time.
00:13:58.560The Taiwanese semiconductor manufacturing company is opening a $12 billion plant in Phoenix, Arizona, just outside of Phoenix.
00:14:08.060Now, CNBC got an interesting look inside that factory and the fabrication center.
00:14:12.560I want to talk about why this matters.
00:14:13.920We've talked about the semiconductor shortage before and the importance of Taiwan as Silicon Valley West.
00:14:20.060Why they call Silicon Valley Silicon Valley?
00:14:21.900Literally because semiconductors are made of silicon.
00:14:24.840Just earlier this morning, report out of Detroit.
00:14:28.820The global semiconductor shortage has continued to roil the auto industry.
00:14:33.540This week, Ford production is down in Kansas City and Louisville while Kentucky truck and, quotation, Mexico assembly plants will remove a crew, right?
00:14:45.040The semiconductor shortage out of Taiwan is causing our auto companies to not be able to manufacture cars.
00:14:53.120Now, those semiconductors, which of course become a huge part of the strategic geopolitical situation vis-a-vis the island of Taiwan and why China wants it.
00:15:06.440People have referred to this sometimes as a silicon shield.
00:15:09.840This is a major breakthrough that we're bringing the semiconductors, a national security industry, back to the United States of America.
00:15:18.240And, of course, this is a deal that came out during the previous administration in the White House, hugely brought together between Taiwan and U.S. officials.
00:15:28.180So take a look at this new video inside the plant itself.
00:15:34.040And they've been in short supply since just a few months into the pandemic last year.
00:15:37.860That's why it's been hard to buy everything from cars to PS5s.
00:15:42.140Turns out one company makes 24% of all the world's chips and more than 90% of the most advanced ones, the smallest, fastest chips used in today's iPhones, supercomputers, and automotive AI.
00:15:56.000In fact, we even have product that's landed on the last Mars launch that are taking pictures of Mars.
00:16:02.220Taiwan Semiconductor Manufacturing Company, or TSMC, is not a household name, but it's quietly making chips for every new iPhone, U.S. fighter jets, the highest-end processors, you name it.
00:16:15.080And now it's investing $100 billion over three years to ramp up production amid the shortage.
00:16:21.500The combined output of what we're doing is in excess of 12 million wafers a year.
00:16:28.920But the world's massive reliance on TSMC may also leave the global chip supply vulnerable to earthquakes, drought, and geopolitical tensions with China.
00:16:38.440It's become almost a monopoly at the leading edge.
00:16:42.100And all of those manufacturing operations, for the most part, are out of Taiwan, Hinshu.
00:16:47.780That becomes a matter of national importance for the United States, but not only the United States, but the Western world.
00:16:55.680TSMC almost always keeps its production sites closed to U.S. video crews.
00:17:01.940The total space for this fab is around 2.3 million square foot.
00:17:07.140The U.S. was the birthplace of advanced silicon.
00:17:09.880But for decades now, it's been losing market share to Asia, where 75% of chip production happens now.
00:17:15.560TSMC is now bringing the world's most advanced chip making back to the U.S.
00:17:20.720With a $12 billion fabrication plant, or fab, in the middle of the Arizona desert.
00:17:25.720It's going to be, when it gets introduced to production in 2024, the most advanced technology manufactured in the United States.
00:17:34.780We got an exclusive tour of the fab site in northern Phoenix to get the truth about the secretive Taiwanese company, and why the world's largest contract chip maker is bringing bleeding edge chip manufacturing back to U.S. soil.
00:17:47.160And it really is as simple as that, folks.
00:17:48.880It doesn't matter which party does this.
00:17:50.940What matters is bringing American jobs back to the United States, bringing and building a manufacturing base where that wealth and then the secondary and tertiary economic effects of that wealth are able to support American businesses, American workers, and everyone else.
00:18:10.060Actually, in the original press release for this, it said the Phoenix Project is projected to create about 1,900 new jobs over five years.
00:18:47.200We just got word, breaking news right before we went to film today, that a business group has gone to Joe Biden, President Biden, and said, we would like you to push back the vaccine mandates until after Christmas and New Year's.
00:19:37.020Project Veritas has obtained hidden camera recordings inside Governor Phil Murphy's campaign, including from a senior advisor who admits to hiding information from voters until after the election in order to appeal to undecided and moderate voters.
00:20:53.280I think the problem is right now, because it's election season, he's not going to have people say, like, we're going to have a mandate now.
00:20:59.600You know, that's, for some people, it's going to piss them off.
00:21:02.660I think once he knows we have a win, he's like, all right, guns blazing.