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  • TSMC gets $11.6B in US grants and loans; will open 3rd Arizona chip plant

    Apple chipmaker TSMC has announced plans to open a third Arizona chip plant, in addition to the two already under construction. This will be the most advanced of the three plants, making 2nm chips. The expansion plan appears to have been part of a deal for the company to receive a total of $11.6B in US grants and loans more

  • Taiwanese Chip-Making Giant TSMC Gets Billions In US Grants, Loans For Third Arizona Chip Factory

    Taiwanese Chip-Making Giant TSMC Gets Billions In US Grants, Loans For Third Arizona Chip Factory Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chip maker, plans to build a third chip factory in Arizona after receiving $6.6 billion in grants and $5 billion in loans through US government subsidies. This is part of a massive effort led by the Biden administration to make America's semiconductor manufacturing industry great again. "Today, we...

  • 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...