Commerce Dept.: Biden-Harris Administration Announces Preliminary Terms With TSMC, Expanded Investment From Company to Bring World's Most Advanced Leading-Edge Technology to the U.S.
April 09, 2024
April 09, 2024
WASHINGTON, April 9 -- The U.S. Department of Commerce issued the following news release on April 8, 2024:
Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.6 billion in direct funding under the CHIPS and Science Act. This proposed funding would s . . .
Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $6.6 billion in direct funding under the CHIPS and Science Act. This proposed funding would s . . .