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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 $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.
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 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 administration finalizes $6.6 billion TSMC award
The U.S. Department of Commerce finalized its CHIPS and Science Act agreement with Taiwan Semiconductor Manufacturing Co. on Friday, essentially guaranteeing the company will receive $6.6 billion to construct its $65 billion north Phoenix facility.
2h
Arizona Chip Plant Gets $6.6 Billion Ahead of Trump Return
Taiwan Semiconductor Manufacturing's U.S. unit will get federal money from the CHIPS Act, and will share some profits with ...
11h
TSMC reportedly delays Fab 21 opening ceremony in Arizona until January
TSMC's Fab 21 opening ceremony in Arizona is rumored to be delayed to January and unlikely to be attended by two U.S.
Augusta Free Press
1h
Arizona company awarded $6.6B to manufacture semiconductors under CHIPS and Science Act
The Biden-Harris Administration announced The Department of Commerce awarded $6.6 billion in direct funding to TSMC Arizona ...
4h
on MSN
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 ...
3h
on MSN
TSMC Gets Government Funding. The Stock Is Falling.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of ...
14h
on MSN
Ex-employee claims TSMC holds American workers to stricter standards than Taiwanese at Arizona plant
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
20h
on MSN
Worker died at TSMC site after hatch blew off tank. Company could now be fined thousands of dollars.
The commission has recently proposed citing TSMC for $16,131 due to the hazards workers were exposed to from the ...
1d
TSMC sued for race and citizenship discrimination at its Arizona facilities (updated)
TSMC is being sued by current and former employees, including a talent acquisition director, over alleged employment ...
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