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Biden-Harris Administration Announces CHIPS Incentives Award with TSMC Arizona to Secure U.S. Leadership in Advanced Semiconductor Technology
November 15, 2024
WASHINGTON, Nov. 15 -- The U.S. Department of Commerce issued the following news release:

CHIPS Investment Incentivizes Creation of Leading-Edge Cluster in Phoenix, Arizona, and Over 20,000 Jobs; and Includes Commitment to Produce A16 Technology

Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), up to $6.6 billion . . .

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