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TSMC’s Chips Act Award Finalized by US

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.

Bloomberg on MSN · 17h

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.

SiliconANGLE · 3h

US finalizes $11.6B CHIPS Act financing agreement with TSMC

Under the agreement, the chipmaker will receive up to $6.6 billion worth of grants to finance a fab complex it’s currently building in Arizona. TSMC also has the option to access up to $5 billion in loans.

8hon MSN

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 ...

6h

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 ...

Sun City West Independent14h

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 ...

5d

Exclusive: US ordered TSMC to halt shipments to China of chips used in AI applications

The US order comes just weeks after TSMC notified that one of its chips had been found in a Huawei AI processor.

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