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US finalizes $6.6 billion chips award for TSMC
Commerce Department finalizes $6.6 billion semiconductor deal with TSMC
The Biden administration announced on Friday that the Commerce Department awarded TSMC Arizona $6.6 billion in direct funding to go for three greenfield leading-edge fabs in Phoenix.
US finalizes $6.6 billion chips award for TSMC ahead of Trump return
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.
Biden completes $6.6 billion TSMC chip grant ahead of Trump admin
As part of the deal, TSMC agreed to invest about $65 billion to expand operations in Phoenix, in order to build its most advanced chips. It also agreed to limit stock buybacks for
3h
Biden Cements TSMC Grant Before Trump Takes Over
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be ...
7h
Biden administration signs off on $6.6 billion in CHIPS Act funds for TSMC's Phoenix site
Commerce Department has finally agreed to release $6.6 billion to help fund the Phoenix plant being built by TSMC. Trump has ...
Techopedia
4h
TSMC Wins $6.6B From Biden’s CHIPS Act Ahead of Office Reshuffle
President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what ...
3h
on MSN
TSMC Gets Government Funding. The Stock Is Rising.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of ...
ViewusGlobal on MSN
6h
TSMC Sued for Alleged Racial Discrimination: American Workers Speak Out Against Bias
TSMC faces a lawsuit for alleged discrimination against American employees at its Arizona facility, favoring Taiwanese staff.
TweakTown
11h
TSMC Arizona fab opening reportedly delayed until January 2025, TSMC prepares for 'Trump 2.0'
TSMC reportedly delays Arizona fab opening ceremony until January 2025, after President-elect Trump is sworn in, plans to ...
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