Earlier this year, Biden introduced several preliminary grant agreements with companies, including TSMC, under the CHIPS Act.

The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...

As part of the deal, TSMC agreed to invest about $65 billion to expand operations in Phoenix, in order to build its most ...

Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.

The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on ...

History often repeats itself, but the AI story is now too consequential to take a backseat again as Trump returns to the White House.

TSMC secured a $6.6 billion US subsidy to expand its Phoenix chip production facilities, including advanced 2-nanometre ...

President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what ...

The Biden-Harris Administration and U.S. Department of Commerce announced Friday that Taiwan Semiconductor Manufacturing ...

Officials said the award is from the CHIPS and Science Act and is meant to support the expansion of TSMC’s microchip ...

The Biden administration has finalized its $6.6B CHIPS Act grant to TSMC (TSM), two months before President-elect Donald Trump returns to ...

TSMC has been rewarded $6.6 billion in grants and $5 billion in low-amount government loans by the US Department of Commerce.