Biden-Harris Administration Announces CHIPS Incentives Award …

1 day ago  · Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan …


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US Finalizes $6.6 Billion Chips Award For TSMC Ahead Of Trump Return

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1 day ago  · 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 …

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TSMC Phoenix Secures $6.6B In Promised Federal Aid - USA TODAY

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1 day ago  · Picking up the pace of funding approvals. Since the CHIPS Act was enacted, dozens of companies have received preliminary funding, including $8.5 billion for Intel Corp. for its …

usatoday.com

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U.S. Finalizes $6.6 Billion Chips Award For TSMC Ahead Of Trump …

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1 day ago  · The U.S. Commerce Department said it has finalized a $6.6 billion government subsidy for TSMC's U.S. unit for semiconductor production in Phoenix, Arizona.

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US Government Finalizes TSMC's $6.6 Billion CHIPS Act Incentives

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1 day ago  · Taiwan Semiconductor Manufacturing Co. (TMSC) is the first CHIPS Act awardee to get part of the money that the government has promised. The Biden administration has …

engadget.com

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US Finalizes $6B In Funding For Chipmaker TSMC In Milestone For …

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1 day ago  · TSMC is building three facilities there, bringing production of its most advanced chips stateside. The company will receive at least $1 billion of the funding this year, a senior …

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Biden Administration Finalizes $6.6 Billion TSMC Award

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1 day ago  · The U.S. Department of Commerce finalized its CHIPS and Science Act agreement with Taiwan Semiconductor Manufacturing Co. on Friday, essentially guaranteeing the …

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TSMC Secures $6.6B In CHIPS Act Funding Ahead Of Trump …

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1 day ago  · The U.S. Department of Commerce announced today that it has awarded $6.6 billion in government subsidy to Taiwan Semiconductor Manufacturing Co (TSMC) for its Phoenix, …

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As His Term Wraps Up, Biden Delivers $6.6B To Build Factories In

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In a Friday press release, the U.S. Department of Commerce awarded TSMC Arizona Corporation (a subsidiary of Taiwan Semiconductor Manufacturing Company Limited) $6.6 billion in direct …

msn.com

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US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC - MSN

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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 ...

msn.com

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Taiwan Semiconductor Secures CHIPS Act Funding For Three …

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Taiwan Semiconductor Manufacturing Co., a company integral to modern chipmaking, is being awarded up to $6.6 billion in CHIPS Act funding, the U.S. Commerce Department said Friday. …

msn.com

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TSMC Secures $6.6 Billion In US Awards Ahead Of Trump’s Return

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1 hour ago  · TSMC aims to spend $65 billion on developing three cutting-edge fabs in Arizona. Production at the first of these fabs is expected to start by 2025, with other facilities to follow …

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TSMC Gets In On CHIPS Act Funding With $6.6B Agreement

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Apr 8, 2024  · Along with the two other fabs TSMC already is building in Arizona, the newly-announced third project in the state will bring TSMC’s total capital expenditure for the Phoenix, …

fierceelectronics.com

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TSM: TSMC Secures $6.6 Billion US Subsidy As Chip Manufacturing …

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The U.S. Department of Commerce announced that TSMC will receive $6.6 billion in direct grant subsidies, solidified by legal agreement, to support the company's construction of major …

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TSMC Arizona Secures $6.6 Billion CHIPS Incentives Funding To …

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1 day ago  · The U.S. Government has announced that the U.S. Department of Commerce will award up to $6.6 billion in direct funding to TSMC Arizona Corporation (TSMC Arizona), a …

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TSMC Secures $6.6 Billion CHIPS Act Funding To Boost Arizona ...

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1 day ago  · TSMC has also committed to forgo stock buybacks for five years to prioritize long-term investments over short-term financial gimmicks. Overall, the announcement of the funds …

evrimagaci.org

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US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC

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1 day ago  · 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 …

barrons.com

FAQs about Biden-Harris Administration Announces CHIPS Incentives Award … Coupon?

How much funding will TSMC Arizona get?

Per the Commerce Department, funding doesn’t end at the $6.6 billion announced Friday. Going forward, the CHIPS Program Office is also expected to provide up to $5 billion in proposed loans as part of the $75 billion in loan authority provided by the CHIPS and Science Act to TSMC Arizona. ...

Who is TSMC Arizona?

In a Friday press release, the U.S. Department of Commerce awarded TSMC Arizona Corporation (a subsidiary of Taiwan Semiconductor Manufacturing Company Limited) $6.6 billion in direct funding under the CHIPS Incentives Program. ...

How much will TSMC invest in Phoenix?

In Phoenix, TSMC plans to invest more than $65 billion in three “state-of-the-art” facilities. As the company completes milestones, the department will disburse the funding. Biden said that the first of the facilities should open next year. ...

How much money will TSMC get?

T he 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. ...

How much money does TSMC get from Trump?

TSMC is building three facilities there, bringing production of its most advanced chips stateside. The company will receive at least $1 billion of the funding this year, a senior administration official said. The administration is working to finalize agreements before Donald Trump — who has criticized the law — takes office. ...

Does TSMC make leading-edge chips?

TSMC is the second company after Polar Semiconductor to finalize its agreement. "Currently, the United States does not make on our shores any leading-edge chips, and this is the first time ever that we'll be able to say we will be making these leading-edge chips in the United States," said Commerce Secretary Gina Raimondo told reporters Thursday. ...

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