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Biden administration finalizes TSMC’s Chips Act award
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.
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 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.
USA Today
17h
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 ...
Yahoo
22h
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 ...
Opinion
The New Republic on MSN
13h
Opinion
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 Independent
3d
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 ...
Techopedia
3d
TSMC Wins $6.6B From Biden’s CHIPS Act Ahead of Office Reshuffle
President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what ...
Al Bawaba News
3d
TSMC Secures $6.6 Billion in US awards ahead of Trump’s return
This agreement comes just weeks before President Elect Donald Trump, a loudly spoken critic of the
CHIPS
Act
as CNBC ...
1d
How Biden’s Antitrust Fight Could Play Out Under Trump
The U.S. antitrust watchdogs that pounced on Big Tech and deterred corporate deal making throughout President Joe Biden’s ...
1d
Biden in 2001: ‘There are several circumstances in which the president should not get’ Cabinet pick
President-elect Donald Trump’s controversial Cabinet picks have put a focus on the Senate’s role in the confirmation process.
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