The U.S. will provide up to $6.6 billion in funding to Taiwan Semiconductor to build chip facilities, creating jobs and boosting national security.

Benzinga

New York

United States

Just Before Biden's Term Ends, Taiwan Semiconductor Lands $6.6 Billion in US Funding to Build Advanced Chip Plants - Taiwan Semiconductor (NYSE:TSM)

Ad Fontes Media

Media Bias/Fact Check

Only about 10% of the world’s semiconductors are manufactured in the U.S.

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Fortune

Chatchaval Jiaravanon

Commerce Department finalizes $6.6 billion in chips subsidies for TSMC

TSMC will be the first company to receive the US government's promised Chips Act incentives.

Engadget

Verizon Communications

US government finalizes TSMC's $6.6 billion CHIPS Act incentives

The United States has agreed to provide up to $6.6 billion in direct funding to Taiwan Semiconductor Manufacturing Co (NYSE:TSM) to build advanced chip facilities in the U.S.
The deal aims to enhance domestic semiconductor production and bolster national security by reducing reliance on foreign…

BizToc

Just Before Biden's Term Ends, Taiwan Semiconductor Lands $6.6 Billion in US Funding to Build Advanced Chip Plants

In a bold move to fortify its technological independence, the United States is set to provide an impressive $6.6 billion to Taiwan Semiconductor Manufacturing Co (TSMC) for developing cutting-edge chip facilities within the country. Reducing Dependency on Global Supply Chains Focused on enhancing the domestic semiconductor industry, this substantial investment aims to decrease the U.S.’s… Read the rest The post Massive Funding Shock: U.S. Secure…

Just Before Biden's Term Ends, Taiwan Semiconductor Lands $6.6 Billion in US Funding to Build Advanced Chip Plants - Taiwan Semiconductor (NYSE:TSM)

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