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.
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.
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.
Biden Cements TSMC Grant Before Trump Takes Over
The Biden administration said on Friday that it had completed an agreement to award Taiwan Semiconductor Manufacturing Company up to $6.6 billion in grants, as federal officials race to put in place their plans to boost U.
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
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 ...
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 ...
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 ...
Elon Musk's xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center
Elon Musk's artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC's ...
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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 ...
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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 ...
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TSMC Arizona awarded more than $6 billion in funding under CHIPS Act
The Biden-Harris Administration and U.S. Department of Commerce announced Friday that Taiwan Semiconductor Manufacturing ...
Makers, Biden rush to sign CHIPS law deals after Trump win
Industry experts say while they don't expect GOP and Trump to repeal the CHIPS and Science Act, it's possible changes will be ...