Apple chip maker TSMC wins $6.6 billion US subsidy
AppleInsider -

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. ...

In related news

  • 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...
  • TSMC to receive $11.6 billion from US under CHIPS Act, will build third Arizona plant

    TSMC is already building two factories in Phoenix, Arizona. It said the CHIPS money will go toward creating a third fab at the site, operational by the end of the decade, that will use its next-gen 2nm process technology. TSMC plans to make its first 2nm chips in its homeRead Entire Article
  • Samsung to receive $6.6 billion subsidy for chip plant in Texas

    Samsung will receive a $6.6 billion subsidy to help it expand its chip plant in Texas, US, reveals Reuters. This is the latest step of the Biden administration in its efforts to boost chipmaking in the United States. The subsidy will go towards the construction of four facilities in the American plant, including one $17 billion chipmaking plant, another factory, an advanced packaging facility, and an R&D center. Samsung office in Austin, Texas Commerce Department Secretary Gina Raimondo...