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TSMC, Trump and Commerce Department
Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over
By the end of the year, the company will already have $1 billion of the funding in hand, according to the New York Times. The funds will supplement $65 billion in funds that TSMC
Commerce Department finalizes $6.6 billion semiconductor deal with TSMC
The Biden administration announced on Friday that the Commerce Department awarded TSMC Arizona $6.6 billion in direct funding to go for three greenfield leading-edge fabs in Phoenix.
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.
U.S Department of Commerce finalizes $6.6 billion CHIPS Act funding for TSMC Fab 21 Arizona site
TSMC and the U.S. Department of Commerce finalized a deal Friday, granting TSMC $6.6 billion in funding and $5 billion in loan guarantees under the CHIPS Act to build its Fab 21 site in Arizona.
Arizona Chip Plant Gets $6.6 Billion Ahead of Trump Return
Taiwan Semiconductor Manufacturing's U.S. unit will get federal money from the CHIPS Act, and will share some profits with the government.
TSMC award $6.6 billion grant for Arizona plant
TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and TSMC’s new Arizona plant.
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 Company’s Arizona Corporation has been awarded up to $6.6 billion in funding.
TSMC receives $6.6 billion CHIPS award for Arizona manufacturing expansion
Officials said the award is from the CHIPS and Science Act and is meant to support the expansion of TSMC’s microchip manufacturing facilities in Phoenix.
10d
13 perks of being the vice president of the United States
JD Vance will enjoy a number of perks as the future vice president, including access to Air Force Two and a generous salary.
Supply Chain Management Review
1d
Retail sales see gains in October, reports Commerce and NRF
Commerce reported that total October retail sales, at $718.9 billion, were up 0.4%, from September to October, and increased 2.8% annually. It added that total retail sales from August through October ...
5d
Weather Service is part of Commerce Department? It only makes sense
Grant signed a joint resolution of Congress into law, establishing the Weather Bureau of the United States. It was originally ...
3d
on MSN
Business groups in four states want CHIPS Act money released
The Ohio Chamber of Commerce and nearly 20 business groups from four states want the Biden administration to start handing ...
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3d
Ministry of Commerce denounces US demands on Taiwan exports
The US Department of Commerce sent a letter to Taiwan Semiconductor Manufacturing Co imposing export restrictions on certain ...
2d
on MSN
What to know about Trump's Department of Government Efficiency, led by Elon Musk and Vivek Ramaswamy
Billionaires Elon Musk and Vivek Ramaswamy will head an effort, dubbed DOGE, to reduce wasteful federal spending. Here's what ...
KNWA Fayetteville on MSN
2d
Gov. Sanders, Department of Commerce award $11 million in HIRED grants to colleges in NWA, River Valley
Two Fort Smith colleges and a Springdale college receive Higher Industry Readiness through Educational Development training ...
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