US finalizes $6.6 billion chips award for TSMC ahead of Trump …
12 hours ago · 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-Harris Administration Announces CHIPS Incentives Award with TSMC ...
22 hours ago · Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), up to $6.6 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.
TSMC’s Chips Award Finalized by US, With Funds Coming This Year
12 hours ago · TSMC will get $6.6 billion in grants as part of the contract, the Department of Commerce said in a statement Friday. Though the amount was disclosed earlier this year as part of a preliminary agreement, the deal is now legally binding — making it the first major Chips Act award to reach this stage. The chipmaker, which is also taking up to $5 ...
Biden Cements TSMC Grant Before Trump Takes Over
12 hours ago · Nov. 15, 2024 Updated 11:00 a.m. ET. The Biden administration said on Friday that it had completed an agreement to award Taiwan Semiconductor Manufacturing Company up to $6.6 billion in grants, as ...
White House finalizes TSMC’s mega-billions CHIPS Act grant
12 hours ago · The White House has finalized an agreement to award a $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. and plans to disburse $1 billion to the chipmaker by the end of the ...
Biden-Harris Administration Announces CHIPS Incentives Award with TSMC ...
22 hours ago · Media Contact: Maddy Broas, madeline.broas [at] chips.gov (madeline[dot]broas[at]chips[dot]gov) Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), up to $6.6 billion in direct funding under the CHIPS Incentives Program’s Funding ...
TSMC delays its $40 billion chip project in Arizona, now to be ... - CNN
Jan 19, 2024 · TSMC says its second factory in Arizona will be delayed, marking another setback for the world’s largest chipmaker and its role in US President Joe Biden’s bid to boost American manufacturing.
Biden to give Taiwan’s TSMC $6.6 billion to ramp up US chip ... - CNN
Apr 9, 2024 · The White House announced Monday that it had signed a non-binding agreement with Taiwan Semiconductor Manufacturing Company (TSMC) to provide it with the funds for the Phoenix-based fabrication...
Biden-Harris Administration Announces Preliminary Terms with TSMC …
Apr 8, 2024 · At full capacity, TSMC Arizona’s three fabs would manufacture tens of millions of leading-edge chips that will power products like 5G/6G smartphones, autonomous vehicles, and AI datacenter servers. TSMC Arizona expects to begin high-volume production in their first fab in the U.S. by the first half of 2025.
Statement from President Joe Biden on Final CHIPS Award for TSMC
12 hours ago · Two years ago, shortly after I signed the CHIPS & Science Act, I visited Arizona to announce a commitment by TSMC to invest in America, create American jobs, and shore up American supply chains.