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Apple chip maker TSMC wins $6.6 billion US subsidy
The US Commerce Department is awarding iPhone processor manufacturer TSMC $6.6 billion and providing low-cost loans, for a third fabrication plant in Arizona. TSMC's headquarters in Hsinchu, Taiwan Taiwan Semiconductor Manufacturing Co (TSMC) is the manufacturer of the processors in Apple's iPhones, iPads, and Macs. While the majority of its manufacturing continues to take place in Taiwan, TSMC has also been creating other plants in places such as Germany and especially in Arizona. ...
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TSMC wins $6.6 billion US subsidy for Arizona chip production
The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy for advanced semiconductor production in Phoenix, Arizona and up to $5 billion in low-cost government loans. TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030, Commerce said in announcing the preliminary award. The Taiwanese company will produce the world's most advanced 2 nanometer technology at...