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Biden administration finalizes TSMC’s Chips Act award

Hosted on MSN · 3d

TSMC Stock Falls Despite Securing Chips Act Funding. The Race Is On for Others.

The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of $65 billion to create a production cluster near Phoenix.

Bloomberg on MSN · 3d

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.

USA Today · 3d

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.

US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits

TSMC CEO C.C. Wei said in a statement the deal "helps us to accelerate the development of the most advanced semiconductor ...

Biden locks in $6.6B for TSMC chip factories, ensuring Trump can’t rescind CHIPS Act deal

In April, the Biden administration promised $6.6 billion in grants to TSMC to build the Phoenix fabs, plus up to $5 billion ...

The New Republic on MSN10hOpinion

Did President Biden Just Save the CHIPS Act From Trump?

The president just secured a $6.6 billion deal to build factories in Arizona—setting up a showdown when Trump, who is ...

Sun City West Independent3d

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 ...

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