TSMC is about to get a hefty chunk of funding from the United States government. The United States Commerce Department on Monday announced that it will be allocating a $6.6 billion subsidy to chip manufacturer TSMC for the advancement of semiconductor production in Phoenix, Arizona. TSMC will also receive $5 billion in loans and be […]
TSMC’s Arizona chip plant, which will include chips for older Apple devices, has been officially delayed by the company. Production had been scheduled to begin in late 2024 and has been pushed back to early 2025. The chipmaker had previously acknowledged that construction work had fallen well behind schedule, but had said at the time […]
While it looks like the $52 billion CHIPS Act will go far, it looks like Intel might take the largest chunk of the government subsidies while processor manufacturer TSMC’s share won’t go as far. TSMC has previously said that the subsidy for American chip manufacturing was “vital” to its Arizona plant, which has been expected to […]