US finalizes $6.6 billion chips award for TSMC ahead of Trump return

WASHINGTON, D.C.: The U.S. government has finalized a $6.6 billion subsidy for Taiwan Semiconductor Manufacturing Co. (TSMC) to boost advanced semiconductor production at its Phoenix, Arizona facility.

This significant investment, part of the $52.7 billion Chips and Science Act of 2022, underscores the Biden administration's commitment to strengthening domestic chip manufacturing as a matter of national securit