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Biden completes $6.6 billion TSMC chip grant
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 criticized the plan.
Biden administration finalizes TSMC’s Chips Act award, with funds coming this year
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
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
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced it had finalized an agreement with a major semiconductor manufacturer to invest billions of dollars in facilities in Arizona as President Biden looks to cement parts of his legislative legacy before leaving office in January.
4h
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 ...
5h
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 ...
1h
on MSN
TSMC Stock Falls Despite Securing Chips Act Funding. The Race Is On for Others.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of ...
10h
on MSN
TSMC’s Chips Act Award Finalized by US, With Funds Coming This Year
The Biden administration finalized its Chips Act incentive awards for Taiwan Semiconductor Manufacturing Co., marking a major ...
2d
China says TSMC chip curbs undermine interests of Taiwan companies
China's Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments ...
23h
Taiwan Semiconductor Manufacturing Is Overvalued amid AI Demand
I’m currently neutral on Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, as I consider it overvalued amid high ...
KTAR News
2h
Arizona leaders celebrate finalized $6.6B CHIPS Act award to TSMC
Three semiconductor manufacturing Phoenix fabs will support the economy after a final agreement between TSMC and the Biden ...
11h
White House finalizes TSMC’s mega-billions CHIPS Act grant
TSMC will get a big chunk of its megabillion award from the White House to support its new Arizona factory by the end of this ...
1d
Taiwan Says TSMC’s US Investments Help with Trade Balance
Taiwan Semiconductor Manufacturing Co.’s tens of billions of dollars of investments in the US help reduce the archipelago’s ...
ABC15 Arizona
5h
TSMC Arizona awarded more than $6 billion in funding under CHIPS Act
The Biden-Harris Administration and U.S. Department of Commerce announced Friday that Taiwan Semiconductor Manufacturing ...
11h
on MSN
Ex-TSMC worker: Americans held to higher standard than Taiwan workers
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
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