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U.S. finalizes $6.6 billion chips award for TSMC ahead of Trump return: Reuters

  • The U.S. Commerce Department has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. Unit for semiconductor production in Phoenix, Arizona.
  • This agreement will create approximately 6,000 direct manufacturing jobs and spur $65 billion of private investment for new facilities.
  • This initiative marks the first time leading-edge chips will be manufactured in the United States.
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