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.
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 building in Arizona. TSMC also has the option to access up to $5 billion in loans.
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.
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 secures $11.6bn in funding as US 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,
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 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.
TSMC discovers unexploded bomb at Kaohsiung chip fab construction site — bomb has since been safely removed
Taiwan Semiconductor Manufacturing Company (TSMC) recently discovered an unexploded bomb on the construction site of one of ...
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 ...
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 ...
Just Before Biden's Term Ends, Taiwan Semiconductor Lands $6.6 Billion in US Funding to Build Advanced Chip Plants
The U.S. will provide up to $6.6 billion in funding to Taiwan Semiconductor to build chip facilities, creating jobs and boosting national security.
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 ...
TSMC Will Keep 2nm Chip Production in Taiwan (For Now)
Taiwan Semiconductor Manufacturing Co (TSMC) can’t produce 2nm chips outside of Tawain, according to J.W. Kuo, the country's ...
China says TSMC chip curbs undermine interests of Taiwan companies
China's Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments ...
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 ...