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The US is awarding Taiwan Semiconductor Manufacturing Corporation $6.6 billion in grants and up to $5 billion in loans to expand its chip manufacturing business in Arizona.
Manufacturing, technology, and national security are being tied together like never before.
Apple chipmaker TSMC has been given $11.6 billion in grants and loans to help it build factories in Arizona.
Taiwan Semiconductor Manufacturing Company already has two chipmaking facilities in Arizona and will use some of the money to build a third
The company is expanding in Arizona with the U.S. government's help.