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US finalizes $6.6 billion chips award for TSMC
Opinion
Did President Biden Just Save the CHIPS Act From Trump?
The president just secured a $6.6 billion deal to build factories in Arizona—setting up a showdown when Trump, who is vehemently opposed to the key pillar of Biden's economic program, takes office.
Biden Administration Finalizes TSMC’s CHIPS Act Award
The Biden administration has finalized a multibillion-dollar award for TSMC. made possible by the CHIPS and Science Act, marking a major milestone for the program.
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.
Yahoo
14h
Biden locks in $6.6B for TSMC chip factories, ensuring Trump can’t rescind CHIPS Act deal
The funds come from one of Biden’s signature legislative achievements, the
CHIPS
and Science
Act
, which set aside $52.7 ...
3d
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 ...
3d
on 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 ...
6d
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 ...
USA Today
6d
Business groups in Ohio, 3 other states push for immediate release of CHIPS Act money
A group of business organizations in Ohio and other states is pushing President Biden to immediately release the money that ...
6d
The Prompt: The Race For The CHIPS Act
As Donald Trump gets set to return to the White House, several big chip companies are racing to finalize deals under the 2022 ...
Network World
8d
Will Trump repeal the CHIPS Act?
During the campaign, President-elect Donald Trump hinted at trying to repeal the CHIPS Act, but reality contradicts him.
1d
How the Trump tariffs on Taiwan chips could hurt the AI trade — and the likes of Nvidia
President-elect Donald Trump made raising tariffs on imported goods a tenet of his reelection campaign. And while that could ...
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