The transaction involves the sale of 900 acres of land in Phoenix, AZ. The property was sold for a price of $197,250,000. This land is strategically located near Loop 303 and I-17, making it suitable for significant development, including the establishment of multiple chip fabrication facilities and research and development centers.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $197,250,000
• Buyer: Che-Chia Wei
• Buyer's Company: TSMC Arizona
• Seller: Arizona State Land Department
• Acres: 900
• Market: Phoenix, AZ
• Note: The acquisition is intended for TSMC's $165 billion expansion to enhance global semiconductor capacity.

Che-Chia Wei represents TSMC Arizona in this purchase, aligning with the company’s plans to expand its operations significantly. The deal reflects TSMC's commitment to increasing its capabilities in advanced artificial intelligence, high-performance computing, and chip production in North Phoenix, driven by robust government and customer support.