U.S. Secures $6.6 Billion Chip Deal with TSMC Amid Political Shifts
WASHINGTON, Nov 15 (Reuters) – The U.S. Commerce Department announced the completion of a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to boost semiconductor production in Phoenix, Arizona. This agreement marks a milestone under the $52.7 billion CHIPS and Science Act, established in 2022 to enhance domestic chip manufacturing capabilities. The finalized […]