TSMC gets $6.6 billion in chipmaking cash from Biden while pledging to build a third Arizona plant
The Biden administration said Monday it plans to send up to $6.6 billion in federal grants to the Taiwan Semiconductor Manufacturing Company (TSM) as the chipmaking giant promises a $25 billion Arizona expansion that will bring a third TSMC fabrication plant to that state. The deal, the second major US chipmaking grant announcement of the …