President Biden says he'll hand $6.6 billion to world's largest chipmaker to stick around and expand in Arizona
That's CHIPS Act cash headed into TSMC's pocket, and in return it'll build not one but three fabs in Arizona.
Source: pcgamer.com
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TSMC in the USA: Up to $6.6B in CHIPS Act Funding for 3rd (2nm or More) Arizona Fab - High-Performance Computing News Analysis
TSMC announced it has signed a preliminary agreement with the U.S. Dept. of Commerce for up to $6.6 billion under the CHIPS and Science Act. TSMC also [...]
Source: insidehpc.com
Biden to give Taiwan's TSMC $6.6 billion to ramp up US chip production
Washington, DC/London (CNN) — The US government plans to give $6.6 billion to the world’s biggest manufacturer of semiconductor chips to help it build three factories in Arizona as part of President Joe Biden’s efforts to secure the supply of advanced chips.
Source: wral.com
Biden deploys $6.6B to boost global chipmaker in key swing state
The preliminary CHIPS award is noteworthy for confirming that TSMC will not only build semiconductor fabrication facilities or “fabs” in the U.S., but also deploy its most advanced technology in development.
Source: yahoo.com
TSMC to make state-of-the-art chips in US after multibillion subsidy pledge
World’s most valuable chipmaker Taiwan Semiconductor to set up third facility in Arizona using funding from Biden policy
Source: theguardian.com