TSMC’s Chips Act Award Finalized by US

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.
TSMC secures $11.6bn in funding as 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, according to the Department of Commerce.
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. The binding contract - after a preliminary agreement announced in April - is the first major award to be completed under the $52.
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.
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.
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, GlobalFoundries reportedly complete CHIPS Act funding negotiations
GlobalFoundries won $1.5 billion in CHIPS Act funding about two months before TSMC. The preliminary agreement that the company signed with the Commerce Department specified that the capital would be spent on three facilities in New York and Vermont.
TSMC and GlobalFoundries Receive $13 Billion from Chips Act as Trump’s Inauguration Approaches
The U.S government finalized multi-billion dollar agreements with semiconductor giants TSMC and GlobalFoundries.
White House finalizes TSMC’s mega-billions CHIPS Act grant
TSMC will get a big chunk of its megabillion award from the White House to support its new Arizona factory by the end of this ...
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 ...
TweakTown2h
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 ...
Ex-TSMC 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 ...
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 ...
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 ...
The Economist19h
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 ...
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 ...