Biden completes $6.6 billion TSMC chip grant

Biden Cements TSMC Grant Before Trump Takes Over
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration.
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.
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 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.
Arizona leaders celebrate finalized $6.6B CHIPS Act award to TSMC
Three semiconductor manufacturing Phoenix fabs will support the economy after a final agreement between TSMC and the Biden administration.
TSMC’s $6.6B CHIPS Act grant finalized, Nikkei Asia reports
The Biden administration has finalized its $6.6B CHIPS Act grant to TSMC (TSM), two months before President-elect Donald Trump returns to
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced it had finalized an agreement with a major semiconductor manufacturer to invest billions of dollars in facilities in Arizona as President Biden looks to cement parts of his legislative legacy before leaving office in January.
TSMC Gets Government Funding. The Stock Is Falling.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of ...
Ex-TSMC worker: Americans held to higher standard than Taiwan workers
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
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 ...
ABC15 Arizona3h
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 ...
China says TSMC chip curbs undermine interests of Taiwan companies
China's Taiwan Affairs Office said on Wednesday that a U.S. order to Taiwan Semiconductor Manufacturing Co to halt shipments ...
Taiwan Says TSMC’s US Investments Help with Trade Balance
Taiwan Semiconductor Manufacturing Co.’s tens of billions of dollars of investments in the US help reduce the archipelago’s ...
Commerce Department finalizes $6.6 billion semiconductor deal with TSMC
The Biden administration announced on Friday that the Commerce Department awarded TSMC Arizona $6.6 billion in direct funding ...
Taiwan Semiconductor Manufacturing Is Overvalued amid AI Demand
I’m currently neutral on Taiwan Semiconductor Manufacturing (TSM), also known as TSMC, as I consider it overvalued amid high ...