The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be ...
The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on ...
As part of the deal, TSMC agreed to invest about $65 billion to expand operations in Phoenix, in order to build its most ...
The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
Earlier this year, Biden introduced several preliminary grant agreements with companies, including TSMC, under the CHIPS Act.
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
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Samsung Electronics plans to buy back shares worth more than $7 billion over the next one year in one of its largest shareholder return programs.