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.
U.S Department of Commerce finalizes $6.6 billion CHIPS Act funding for TSMC Fab 21 Arizona site
TSMC and the U.S. Department of Commerce finalized a deal Friday, granting TSMC $6.6 billion in funding and $5 billion in loan guarantees under the CHIPS Act to build its Fab 21 site in Arizona.
TSMC Arizona awarded more than $6 billion in funding under CHIPS Act
The Biden-Harris Administration and U.S. Department of Commerce announced Friday that Taiwan Semiconductor Manufacturing Company’s Arizona Corporation has been awarded up to $6.6 billion in funding.
US government finalizes TSMC's $6.6 billion CHIPS Act incentives
In October, a Canadian research firm discovered that Huawei was using TSMC chips for its artificial intelligence accelerators even though that violates US government sanctions. TSMC denied having any working relationship with Huawei,
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 US 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,
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.
The Dash for Chips Act Cash Before Trump Takes Office
Under the Chips Act the Commerce Dept. has awarded $36 billion to Intel, Micron Technology, and others. But no money has been ...
FOX 10 Phoenix on MSN4d
Experts aren't worried for CHIPS and Science Act in Arizona after Trump's comments
As we look ahead to the second Trump administration, comments he made on a podcast about the CHIPS and Science Act caused a ...
USA Today3d
Business groups in Ohio, 3 other states push for immediate release of CHIPS Act money
The CHIPS & Science Act provides $52.7 billion in aid and other tax incentives as part of the effort to bring back ...
Arizona Republic on MSN12d
CHIPS Act and government subsidies draw attention in campaign's last days
The CHIPS Act has been sparking conversation with both presidential candidates as well as House and Senate members.
Sun City West Independent15h
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 ...
WCMH Columbus on MSN1d
What Vice President-elect JD Vance has said about the CHIPS Act and Intel in Ohio
Sen. JD Vance (R-Ohio) is set to become vice president for Donald Trump’s second term in January. Where does he stand on the ...
The Associated Press on MSN13d
House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that ...
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 ...
Augusta Free Press8h
Arizona company awarded $6.6B to manufacture semiconductors under CHIPS and Science Act
The Biden-Harris Administration announced The Department of Commerce awarded $6.6 billion in direct funding to TSMC Arizona ...