Biden To Award Semiconductor Companies: US to announce billions in subsidies for advanced chips, ET Auto
Biden To Award Semiconductor Companies: Among the likely recipients of the subsidies, Intel has projects underway in Arizona, Ohio, New Mexico, and Oregon that will cost more than USD 43.5 billion, the paper said. Another likely recipient, Taiwan Semiconductor Manufacturing Co (TSMC) has two plants under construction near Phoenix for a total investment of USD 40 billion. South Korea's Samsung Electronics, also a contender, has a USD 17.3 billion project in Texas.