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Biden completes $6.6 billion TSMC chip grant
Biden Cements TSMC Grant Before Trump Takes Over
The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be credited to the Trump administration.
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
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 Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.
1h
The US finalizes $6.6 billion reward in grants for TSMC
TSMC has been rewarded $6.6 billion in grants and $5 billion in low-amount government loans by the US Department of Commerce.
Sun City West Independent
3h
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 ...
1h
on MSN
TSMC Gets Government Funding. The Stock Is Rising.
The semiconductor maker is getting the money under the Chips Act. The cash will support the company’s planned investment of ...
ViewusGlobal on MSN
3h
TSMC Sued for Alleged Racial Discrimination: American Workers Speak Out Against Bias
TSMC faces a lawsuit for alleged discrimination against American employees at its Arizona facility, favoring Taiwanese staff.
TweakTown
9h
TSMC Arizona fab opening reportedly delayed until January 2025, TSMC prepares for 'Trump 2.0'
TSMC reportedly delays Arizona fab opening ceremony until January 2025, after President-elect Trump is sworn in, plans to ...
1d
TSMC sued for race and citizenship discrimination at its Arizona facilities (updated)
TSMC is being sued by current and former employees, including a talent acquisition director, over alleged employment ...
15h
on MSN
Worker died at TSMC site after hatch blew off tank. Company could now be fined thousands of dollars.
The commission has recently proposed citing TSMC for $16,131 due to the hazards workers were exposed to from the ...
9h
on MSN
Ex-employee claims TSMC holds American workers to stricter standards than Taiwanese at Arizona plant
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
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