➀ TSMC secures $11.6 billion in Chips Act funding; ➁ The funding includes $6.6 billion in Chips Act money, €5 billion in liabilities, and a 25% tax credit on infrastructure capex; ➂ The investment supports TSMC's $65 billion investment in three fabs in Arizona; ➃ US President Joe Biden highlights the investment as the largest foreign direct investment in a greenfield project in US history; ➄ TSMC CEO C.C. Wei emphasizes the importance of the Chips and Science Act in strengthening the US semiconductor ecosystem.
Related Articles
- President Trump and C C Wei announce $100bn investment in Arizona8 months ago
- Intel’s CHIPS Act fund delayed by officials — Washington reportedly wants more information before disbursing billions of dollarsabout 1 year ago
- TSMC to build 30% of its 2nm and more advanced chips in the U.S., to speed up Fab 21 build out7 months ago
- TSMC and Intel foundry joint venture reportedly still in the works — AMD, Broadcom, and Nvidia approached8 months ago
- Repealing the CHIPS Act could dramatically shrink US chip market share, analysts say8 months ago
- What If TSMC becomes ASMC?8 months ago
- SEMI’s EU chip proposals11 months ago
- Intel’s Chips Act funding may be reduced11 months ago
- TSMC Invests US$116 Million in Vanguard International Semiconductor, Expanding Global Semiconductor Footprintabout 1 year ago
- Amkor and TSMC to Expand Partnership and Collaborate on Advanced Packaging in Arizonaabout 1 year ago