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TSMC, Biden and CHIPS Act
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.
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
10h
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 ...
10h
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 ...
9h
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 ...
1h
US finalizes $11.6B CHIPS Act financing agreement with TSMC
Under the agreement, the chipmaker will receive up to $6.6 billion worth of grants to finance a fab complex it’s currently ...
10h
TSMC will get some of its Chips Act money before Trump takes office
The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...
11h
The US finalizes $6.6 billion reward in grants for TSMC
TSMC has been rewarded $6.6 billion in grants and $5 billion in low-amount government loans by the US Department of Commerce.
TweakTown
18h
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 ...
10h
on 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 ...
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