Biden administration finalizes TSMC’s Chips Act award

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.
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.
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 completes $6.6 billion TSMC chip grant ahead of Trump admin
As part of the deal, TSMC agreed to invest about $65 billion to expand operations in Phoenix, in order to build its most advanced chips. It also agreed to limit stock buybacks for
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.
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.
Biden administration finalizes $6.6 billion TSMC award
The U.S. Department of Commerce finalized its CHIPS and Science Act agreement with Taiwan Semiconductor Manufacturing Co. on Friday, essentially guaranteeing the company will receive $6.6 billion to construct its $65 billion north Phoenix facility.
WCMH Columbus on MSN19h
What Vice President-elect JD Vance has said about the CHIPS Act and Intel in Ohio
Sen. JD Vance (R-Ohio) is set to become vice president for Donald Trump’s second term in January. Where does he stand on the ...
Where is the CHIPS Act funding for Ohio’s Intel plant?
Ohio officials are trying to get federal funding for Intel’s multi-billion dollar manufacturing facility, but as the months ...
USA Today2d
Business groups in Ohio, 3 other states push for immediate release of CHIPS Act money
A group of business organizations in Ohio and other states is pushing President Biden to immediately release the money that ...
Needham Analysts Anticipate CHIPS Act Continuity, Forecast $20 Billion Boost for Intel Corporation (INTC) Despite Potential Rebranding
We recently compiled a list of the 14 AI News You Should Pay Attention To. In this article, we are going to take a look at ...
Will the CHIPS Act survive a Trump presidency?
The CHIPS Act is providing funding and tax breaks for multiple semiconductor makers to build new plants and R&D facilities on ...
Trump called the CHIPS Act 'so bad.' Here's why Ohio officials aren't worried about Intel
Republican presidential candidate Donald Trump was no fan of the bipartisan federal CHIPS Act that is meant to provide ...
In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
Intel CEO addresses employee concerns on US election impact on CHIPS Act funding, emphasizing bipartisan support.
Taiwan Semiconductor-US government finalize Chips Act award to boost local manufacturing
The Biden administration has finalized its Chips Act incentive agreement with Taiwan Semiconductor Manufacturing (NYSE:TSM).
Intel CEO optimistic about CHIPS Act’s future after trading texts with JD Vance
He said Intel is “starting to lean in on what will be necessary to be successful with the new administration.” ...
Axios Login on MSN2d
Startup gets CHIPS Act funding for diamond-cooled servers
The U.S. government has earmarked more than $36 billion in funding under the CHIPS Act, the vast majority of which has gone ...