US finalizes $6.6 billion chips award for TSMC

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.
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,
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.
US finalises up to $6.6 billion 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, finalising the deal before a new administration enters the White House.
TSMC will get some of its Chips Act money before Trump takes office
The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to support its U.S. fabrication sites.
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
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US finalises up to US$6.6 billion funding for chip giant TSMC
WASHINGTON: The United States will award Taiwanese chip giant TSMC up to US$6.6 billion in direct funding to help build ...
China’s legacy chip production slows in October as possibility of new US sanctions looms
Although production growth slowed to 11.8 per cent in October, semiconductors remain one of China’s fastest-growing ...
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Taiwanese Chip Giant TSMC Gets $6.6 Billion Funding From US
Earlier this year, Biden introduced several preliminary grant agreements with companies, including TSMC, under the CHIPS Act.
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Local and foreign chip manufacturers flee China, expand in Vietnam — companies move to Southeast Asia as US-China tensions simmer
companies looking for cheap labor and a more stable political climate leave China, Taiwan, and South Korea. With Vietnam’s ...
The US finalizes $6.6 billion reward in grants for TSMC
TSMC has been rewarded $6.6 billion in grants and $5 billion in low-amount government loans by the US Department of Commerce.
US blocks TSMC chip exports, but Apple's chips face a different threat
A US order to TSMC to cut AI chip supplies to China over Huawei sanctions won't cause problems for Apple. However, Taiwan's prohibition of TSMC producing 2-nanometer chips elsewhere could make an ...
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US CHIPS Act expansion set to benefit South Korean solar manufacturers
Following the US Department of Treasury's expansion of the CHIPS and Science Act subsidies to include solar-grade silicon ...
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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US finalizes up to $6.6 billion funding for chip giant TSMC
WASHINGTON: The United States will award Taiwanese chip giant TSMC up to US$6.6 billion in direct funding to help build ...
Intel is far from becoming the American chipmaking powerhouse the US needs
Intel is struggling to overcome a series of challenges and establish itself as a globally competitive chipmaker.