"TSMC Secures $6.6 Billion for Arizona Chip Factories"
TL;DR Summary
TSMC is set to receive $6.6 billion in CHIPS Act funding to construct three semiconductor fabrication plants in Arizona, with an additional $25 billion investment from the company. This move is expected to create 6,000 high-wage tech jobs and 20,000 construction jobs in the state, and will enable TSMC to complete the entire chip-making process on US soil, including advanced packaging. The White House aims to bolster the US as a global chip-making powerhouse, with other companies like Samsung and Intel also making significant investments in US-based operations as a result of the CHIPS Act.
- TSMC snags $6.6 billion in CHIPS Act funding to open three factories in Arizona Engadget
- Chip-Making Giant TSMC Gets $6.6 Billion for Arizona Project The Wall Street Journal
- Biden deploys $6.6B to boost global chipmaker in key swing state POLITICO
- U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security CNBC
- TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing The New York Times
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