Biden Secures $6.6B TSMC Chips Deal Before Trump Era

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Source: The New York Times
Biden Secures $6.6B TSMC Chips Deal Before Trump Era
Photo: The New York Times
TL;DR Summary

President Biden has secured a grant for Taiwan Semiconductor Manufacturing Company (TSMC) before the potential transition of power to former President Trump. This move is part of Biden's strategy to strengthen the U.S. semiconductor industry amid rising tensions with China.

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