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US finalizes $6.6 billion chips award for TSMC

Hosted on MSN · 1h

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.

TheStreet on MSN · 2h

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

2h

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 ...

Sun City West Independent5h

TSMC to get first CHIPS Act disbursement in 2024

Taiwan Semiconductor Manufacturing Co. Arizona is set to receive $1 billion of milestone-based awards by the end of 2024 from ...

3hon 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 MSN6h

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.

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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