US finalizes $6.6 billion chips award for TSMC ahead of Trump return

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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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 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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TSMC Arizona Secures Funding Ahead Of Trump’s Term; Other

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PHOENIX (AZFamily) — The Biden Administration announced Friday it has finalized the $6.6 billion investment in TSMC Arizona through the CHIPS Act, but more than 20 companies are …

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Commerce Department Finalizes $6.6 Billion In Chips Subsidies For …

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9 hours ago · Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over ... The funding will create 6,000 direct manufacturing jobs and …

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TSMC Earns 'final Agreement' For $6.6B CHIPS Act Grant

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1 day ago · The U.S. Department of Commerce and the Biden Administration announced a “final agreement” with TSMC Arizona, a unit of Taiwan-based TSMC, to grant the company $6.6 …

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TSMC Awarded $11.6 Billion CHIPS Funding Ahead Of Trump …

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1 day ago · The announcement secures the preliminary agreement that was made in April to help construct a new semiconductor factory in Phoenix, Arizona by 2030. President-elect Donald …

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Biden Finalizes $6.6bn CHIPS Act Grant To TSMC Before Trump …

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1 day ago · LIMA, Peru -- The Biden administration has finalized its $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co., two months before president-elect Donald …

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Biden Administration Finalizes $6.6B In Chips Grants For TSMC

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Biden in a statement announced the government had completed a $6.6 billion grant agreement with Taiwan Semiconductor Manufacturing Company through the Chips and Science Act, a …

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Biden Is Giving TSMC $11.6 Billion In Funding For More US Chip

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Apr 8, 2024 · The third factory will begin making advanced chips "by the end of the decade," TSMC says. TSMC's US funding—like Intel's recent $8.5 billion award—is thanks to the 2022 …

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

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Apr 8, 2024 · TSMC gets in on CHIPS Act funding with $6.6B agreement. By Dan O'Shea Apr 8, 2024 2:42pm. TSMC semiconductor manufacturing Chips Act Arizona. TSMC has joined the …

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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 …

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TSMC And GlobalFoundries Secure $13B In Chips Act Funds Ahead …

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Nov 9, 2024 · Reuters and Bloomberg report that TSMC, GlobalFoundries, and another unnamed company have completed agreements to receive billions in Chips Act funds from the US …

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TSMC Gets $11.6 Billion In US Grants, Loans For Chip Plants - MSN

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Read more: TSMC to Win More Than $5 Billion in Grants for US Chip Plant “The proposed funding from the CHIPS and Science Act would provide TSMC the opportunity to make this …

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FAQs about US finalizes $6.6 billion chips award for TSMC ahead of Trump return Coupon?

Why did TSMC stock fall despite securing chips Act funding?

The Race Is On for Others. TSMC Stock Falls Despite Securing Chips Act Funding. The Race Is On for Others. S hares of Taiwan Semiconductor Manufacturing were slipping Friday after the Commerce Department announced the company could get up to $6.6 billion of government funding to build chip factories in Arizona. ...

Will TSMC Arizona get a $6.6 billion investment?

PHOENIX (AZFamily) — The Biden Administration announced Friday it has finalized the $6.6 billion investment in TSMC Arizona through the CHIPS Act, but more than 20 companies are still racing to secure promised funding before President-elect Donald Trump takes office. ...

How much money will TSMC get before the year ends?

Commerce officials said that TSMC may get at least $1 billion before the year ends. Companies building factories with Chips Act grants must put in far more of their own money than the government contributes. The $6.6 billion grant to TSMC will support the company’s planned investment of $65 billion to create a production cluster near Phoenix. ...

Will TSMC add a third Arizona Fab?

In April, TSMC (2330.TW) agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030. The Taiwanese company will produce the world's most advanced 2 nanometer technology at its second Arizona fab expected to begin production in 2028. ...

How much will TSMC invest in a new Fab?

It comes just weeks before President-elect Donald Trump, who criticized the program, takes office. In April, TSMC (2330.TW) agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030. ...

How much money has Congress budgeted under the chips Act?

The Commerce Dept. has allocated most of the $39 billion that Congress has budgeted under the Chips Act. The department is racing to award the last few billion in grants before Biden leaves office. TSMC was designated in April for up to $6.6 billion in grants. Two dozen companies have been selected for awards under the Chips Act. ...