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Biden completes $6.6 billion TSMC chip grant
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 $6.6B 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 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
Biden administration finalizes TSMC’s Chips Act award, with funds coming this year
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
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.
TweakTown
13h
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 ...
13h
on MSN
Ex-TSMC Arizona worker: Americans held to higher standard than Taiwan workers
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
2d
Chips Giant TSMC Sued Over ‘Anti-American’ Discrimination
Taiwan Semiconductor Manufacturing Company was accused by a group of its U.S. employees of concocting a “discriminatory ...
1d
TSMC Arizona lawsuit exposes alleged ‘anti-American’ workplace practices
The lawsuit claims the company “willfully disregarded diversity commitments TSMC made in the CHIPS Act,” noting that as of ...
1d
TSMC sued for race and citizenship discrimination at its Arizona facilities (updated)
COLUMBUS, Ohio (WCMH) — A tobacco shop near Hilliard is being sued for its alleged sales to underage customers. The Smoke ...
2d
The Prompt: The Race For The CHIPS Act
As Donald Trump gets set to return to the White House, several big chip companies are racing to finalize deals under the 2022 ...
The Economist
1d
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 ...
3d
Will the CHIPS Act survive a Trump presidency?
The CHIPS Act is providing funding and tax breaks for multiple semiconductor makers to build new plants and R&D facilities on ...
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