TSMC Stock Falls Despite Securing Chips Act Funding. The Race Is On for Others.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of $65 billion to create a production cluster near Phoenix.
Biden administration signs off on $6.6 billion in CHIPS Act funds for TSMC's Phoenix site
Commerce Department has finally agreed to release $6.6 billion to help fund the Phoenix plant being built by TSMC. Trump has criticized the plan.
US finalizes $11.6B CHIPS Act financing agreement with TSMC
Under the agreement, the chipmaker will receive up to $6.6 billion worth of grants to finance a fab complex it’s currently building in Arizona. TSMC also has the option to access up to $5 billion in loans.
TSMC’s Chips Act Award Finalized by US, With Funds Coming This Year
The Biden administration finalized its Chips Act incentive awards for Taiwan Semiconductor Manufacturing Co., marking a major milestone for a program meant to bring semiconductor production back to US soil.
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced it had finalized an agreement with a major semiconductor manufacturer to invest billions of dollars in facilities in Arizona as President Biden looks to cement parts of his legislative legacy before leaving office in January.
TSMC Wins $6.6B From Biden’s CHIPS Act Ahead of Office Reshuffle
President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what could translate into a major
TSMC earns 'final agreement' for $6.6B CHIPS Act grant
Could TSMC's finalized CHIPS agreement be one of many to come just before a new Trump Administration throws them into doubt?
TSMC Secures $6.6B In CHIPS Act Funding Ahead Of Trump Inauguration
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, Arizona production endeavors.
Arizona leaders celebrate finalized $6.6B CHIPS Act award to TSMC
Three semiconductor manufacturing Phoenix fabs will support the economy after a final agreement between TSMC and the Biden administration.
Biden administration finalizes TSMC’s Chips Act award, with funds coming this year
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
US finalizes $6B in funding for chipmaker TSMC in milestone for chips law
The Taiwanese semiconductor company will use the funding to expand its operations in Arizona, where it's building three facilities.
US finalizes $6.6 billion chips award for TSMC ahead of Trump return
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
TSMC will get some of its Chips Act money before Trump takes office
The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...
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TSMC to get first CHIPS Act disbursement in 2024
Taiwan Semiconductor Manufacturing Co. Arizona is set to receive $1 billion of milestone-based awards by the end of 2024 from ...