US finalizes $6.6 billion chips award for TSMC

U.S Department of Commerce finalizes $6.6 billion CHIPS Act funding for TSMC Fab 21 Arizona site
TSMC and the U.S. Department of Commerce finalized a deal Friday, granting TSMC $6.6 billion in funding and $5 billion in loan guarantees under the CHIPS Act to build its Fab 21 site in Arizona.
US approves $6.6 billion chip funding for TSMC in Arizona ahead of Trump inauguration
TSMC secured a $6.6 billion US subsidy to expand its Phoenix chip production facilities, including advanced 2-nanometre technology.
Biden administration finalizes TSMC’s Chips Act award, with funds coming this year
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
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.
TSMC secures $11.6bn in funding as US 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,
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 $6B in funding for chipmaker TSMC in milestone for chips law
The Taiwanese semiconductor company will use the funding to expand its operations in Arizona, where it's building three facilities.
TSMC will get some of its Chips Act money before Trump takes office
The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...
Techopedia1h
TSMC Wins $6.6B From Biden’s CHIPS Act Ahead of Office Reshuffle
President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what ...
Sun City West Independent3h
TSMC to get first CHIPS Act disbursement in 2024
Taiwan Semiconductor Manufacturing Co. Arizona is set to receive $1 billion of milestone-based awards by the end of 2024 from ...
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 ...
TSMC extends dominance of semiconductors with 56% share of global lithography systems
Each low-numerical aperture (NA) extreme ultraviolet (EUV) lithography system costs over US$100 million, making it one of the ...
New Electronics1h
First automotive multi-domain SoC built with 3nm process technology
Renesas presents new generation of automotive fusion system-on-chips (SoCs) that will serve multiple automotive domains.
TSMC hit with lawsuit over alleged discrimination against American workers
Deborah Howington, a talent acquisition director, filed the class-action suit in August. She claims that the HR department ...
China chip index nears 3-year high as TSMC order fuels self-reliance bets
China's semiconductor index leapt close to a three-year high on Monday on bets a U.S. order halting Taiwan Semiconductor ...