Biden-Harris Administration Announces CHIPS Incentives Award with TSMC ...
Nov 15, 2024 · 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.
Where the CHIPS Act money has gone - The Verge
Jun 7, 2024 · Intel received the biggest direct investment through the CHIPS Act, with $8.5 billion for its semiconductor projects. TSMC received $6.6 billion in funding, while Samsung rounded out the top...
Joe Biden Just Trump-Proofed His Hallmark CHIPS Act
Nov 20, 2024 · In a move to secure America's semiconductor industry, President Joe Biden 's administration has finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) for the...
Statement from President Joe Biden on Final CHIPS Award for TSMC
Nov 15, 2024 · Today’s final agreement with TSMC – the world’s leading manufacturer of advanced semiconductors – will spur $65 billion dollars of private investment to build three state-of-the-art facilities...
US finalizes $6.6 billion chips award for TSMC ahead of Trump …
Nov 15, 2024 · 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.
TSMC’s Chips Act Award Finalized by US, With Funds Coming This …
Nov 15, 2024 · 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...
TSMC gets $6.6 billion in cash and $5 billion in loans from CHIPS Act ...
Apr 8, 2024 · TSMC will use the funding to build three semiconductor production facilities in Arizona, with a total investment exceeding $65 billion. This is the largest financial package the U.S. government...
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.
TSMC Arizona and U.S. Department of Commerce Announce up …
PHOENIX, Arizona, Apr. 8, 2024 – TSMC (TWSE: 2330, NYSE: TSM) today announced that the U.S. Department of Commerce and TSMC Arizona have signed a non-binding preliminary memorandum of terms (PMT) for up to US$6.6 billion in direct funding under the …
memorandum of terms (PMT) for up to US$6.6 billion in direct funding under the CHIPS and Science Act. TSMC also announced plans to build a third fab at TSMC Arizona to meet strong customer demand leveraging the most advanced semiconductor process …
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