US finalizes up to $6.6 bn funding for chip giant TSMC

Washington (AFP) Nov 15, 2024

The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before Donald Trump's administration enters the White House. "Today's final agreement with TSMC - the world's leading manufacturer of advanced semiconductors - will spur $65 billion dollars of private investment to b