US finalizes $6.6 billion chips award for TSMC

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 milestone for a program meant to bring semiconductor production back to US soil.
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. The binding contract - after a preliminary agreement announced in April - is the first major award to be completed under the $52.
TSMC secures $11.6bn in funding as Chips Act faces uncertain future
The deal with the world’s biggest chipmaker, which includes up to $6.6bn in grants and up to $5bn in loans, is the first major award under the Chips Act to be finalised. It is also the largest foreign investment in a new manufacturing project in US history, according to the Department of Commerce.
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 $6.6 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.
US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC
The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House.
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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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U.S. Boosts Semiconductor Tech with $6.6B TSMC Deal
The U.S. Commerce Department has finalized a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit, ...
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 ...
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Taiwan chip giant TSMC sued for allegedly favouring Asian staff
WASHINGTON – More than a dozen US-based employees of chipmaking giant Taiwan Semiconductor Manufacturing Company (TSMC) ...
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 ...
TweakTown3h
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 ...
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 ...