Biden-Harris Administration Announces CHIPS Incentives Award with TSMC ...
1 day ago · For more information about TSMC Arizona’s award, please visit the CHIPS for America website. In addition to the direct funding of up to $6.6 billion, the CHIPS Program Office will provide up to $5 billion of proposed loans – which is part of the $75 billion in loan authority provided by the CHIPS and Science Act – to TSMC Arizona under ...
TSMC Arizona awarded more than $6 billion in funding under …
1 day ago · The Biden-Harris Administration and U.S. Department of Commerce announced Friday that Taiwan Semiconductor Manufacturing Company’s Arizona Corporation has been awarded up to $6.6 billion in funding.
TSMC receives $6 billion CHIPS award for Arizona expansion
13 hours ago · Arizona officials shared their thoughts about the news Friday via a news release. “With this final agreement in place with TSMC, Arizona is set to become one of the world’s key centers for ...
Stanton, Arizona Leaders Applaud Finalized $6.6 Billion CHIPS and ...
Today, the Department of Commerce announced it has finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) from the CHIPS and Science Act to support the expansion of TSMC’s microchip manufacturing facilities in Phoenix, Arizona. This award follows the previously announced preliminary agreement made in April and will also come with approximately $5 billion in loans ...
Kelly and Arizona Leaders Celebrate Finalized $6.6 Billion CHIPS …
1 day ago · Arizona is home to TSMC’s U.S.-based manufacturing presence, where the company is currently constructing three microchip plants, with at-scale microchip production beginning early next year. The first plant will utilize the N4 process, producing the most advanced microchips ever made in the United States, while the second and third plants ...
TSMC delays its $40 billion chip project in Arizona, now to be ... - CNN
Jan 19, 2024 · TSMC says its second factory in Arizona will be delayed, marking another setback for the world’s largest chipmaker and its role in US President Joe Biden’s bid to boost American manufacturing.
Biden to give Taiwan’s TSMC $6.6 billion to ramp up US chip ... - CNN
Apr 9, 2024 · The White House announced Monday that it had signed a non-binding agreement with Taiwan Semiconductor Manufacturing Company (TSMC) to provide it with the funds for the Phoenix-based...
Why TSMC Has Struggled to Manufacture Chips in Arizona - The New York Times
Aug 8, 2024 · The TSMC factory in Arizona stands as a test of American efforts to diversify its reliance on chips produced overseas. In Taiwan, TSMC has honed a highly complex manufacturing process: A...
TSMC Arizona and U.S. Department of Commerce Announce up …
PHOENIX, Arizona, Apr. 8, 2024 – TSMC (TWSE: 2330, NYSE: TSM) today announced that the U.S. Department of Commerce and TSMC Arizona have signed a non-binding preliminary memorandum of terms (PMT) for up to US$6.6 billion in direct funding under the …
Biden-Harris Administration Announces Preliminary Terms with TSMC …
Apr 8, 2024 · Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.6 billion in …