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.
Biden administration finalizes $6.6 billion TSMC award
The U.S. Department of Commerce finalized its CHIPS and Science Act agreement with Taiwan Semiconductor Manufacturing Co. on Friday, essentially guaranteeing the company will receive $6.6 billion to construct its $65 billion north Phoenix facility.
TSMC secures $11.6bn in funding as Chips Act faces uncertain future
The deal with the world’s biggest chipmaker, which includes up to $6.6bn in grants and up to $5bn in loans, is the first major award under the Chips Act to be finalised. It is also the largest foreign investment in a new manufacturing project in US history, according to the Department of Commerce.
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 milestone for a program meant to bring semiconductor production back to US soil.
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 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.
1 dead, 2 arrested after shooting involving DEA in Phoenix
One suspect is dead, and two others are in custody after a shooting involving Drug Enforcement Administration agents in west ...
TSMC reportedly delays Fab 21 opening ceremony in Arizona until January
TSMC's Fab 21 opening ceremony in Arizona is rumored to be delayed to January and unlikely to be attended by two U.S.
White House finalizes TSMC’s mega-billions CHIPS Act grant
TSMC will get a big chunk of its megabillion award from the White House to support its new Arizona factory by the end of this ...
Worker died at TSMC site after hatch blew off tank. Company could now be fined thousands of dollars.
The commission has recently proposed citing TSMC for $16,131 due to the hazards workers were exposed to from the ...
Ex-employee claims TSMC holds American workers to stricter standards than Taiwanese at Arizona plant
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
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 ...
TSMC Arizona lawsuit exposes alleged ‘anti-American’ workplace practices
The lawsuit claims the company “willfully disregarded diversity commitments TSMC made in the CHIPS Act,” noting that as of ...
'A thirsty operation': TSMC plant arrives amid water doubts, but Phoenix isn't worried
TSMC's water use will not push Phoenix over the edge, but it's part of a broader set of questions around the semiconductor ...
TSMC sued for race and citizenship discrimination at its Arizona facilities (updated)
COLUMBUS, Ohio (WCMH) — A tobacco shop near Hilliard is being sued for its alleged sales to underage customers. The Smoke ...