[Taiwan Semiconductor Manufacturing Co could face future water shortages in Arizona] As the world’s largest semiconductor manufacturers get set to significantly increase their presence in Arizona, one of the worst droughts in decades in the American Southwest could affect future operations. For the first time ever, US government officials on Monday (August 16) declared a water shortage for the Colorado River. Mandatory water cuts will begin in California, Nevada, and Arizona as well as in Mexico starting January 1, 2022. Arizona alone will see the amount of water it draws from the Colorado River drop by around 18%, or about…