TSMC receives US$11.6 billion in US chip subsidies and will produce 2nm chips in the US
Hawk_Finance
2024-04-09 15:53:14
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On April 8, TSMC and the U.S. Department of Commerce announced the signing of a non-binding preliminary agreement. TSMC will receive up to $6.6 billion in direct funding and up to $5 billion in loans under the U.S. Chip and Science Act. Phoenix is building a third wafer foundry to produce 2nm or more advanced chips by 2023.
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