US finalizes $6.6 billion chips award for TSMC

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 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.
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.
TSMC is awarded nearly $12bn to boost US chip market
The funding is aimed at supporting the company’s $65bn business in Arizona and create “tens of thousands” of jobs.
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 Company’s Arizona Corporation has been awarded up to $6.6 billion in funding.
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.
US finalizes $6B in funding for chipmaker TSMC in milestone for chips law
The Taiwanese semiconductor company will use the funding to expand its operations in Arizona, where it's building three facilities.
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.
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 Independent47m
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 ...
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 ...
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 ...
TSMC extends dominance of semiconductors with 56% share of global lithography systems
Each low-numerical aperture (NA) extreme ultraviolet (EUV) lithography system costs over US$100 million, making it one of the ...
TSMC hit with lawsuit over alleged discrimination against American workers
Deborah Howington, a talent acquisition director, filed the class-action suit in August. She claims that the HR department ...
The Economist23h
TSMC walks a geopolitical tightrope
As a critical supplier to American tech giants based on an island claimed by China, TSMC is in an awkward spot. But until ...
TSMC's $65B Investment In US Will Help Avoid Trade Imbalance, Says Taiwan Central Bank Governor As Trump Returns To White House
Amid concerns over potential trade penalties from the U.S., Yang Chin-long, the governor of Taiwan’s central bank, has voiced ...