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.
Taiwan Semiconductor Manufacturing Co. will receive as much as $11.6 billion in federal grants and loans to boost production in Arizona of the critical computer chips needed to power smartphones, AI and military projects, the US Commerce Department said Monday.
Commerce Secretary Gina Raimondo said the funding for TSMC means the company can expand its existing plans for two facilities in Phoenix and add a third.
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.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security | Since Then
