Commerce Department finalizes $6.6 billion semiconductor deal with TSMC
Taiwan
Nov. 15 (UPI) -- The Biden administration announced on Friday that the Commerce Department awarded TSMC Arizona $6.6 billion in direct funding to go for three greenfield leading-edge fabs in Phoenix. The announcement of the award for the company, a subsidiary of the Taiwan Semiconductor Manufacturing Company, Limited, comes after a previously signed preliminary memo of terms, announced on April 8, and the completion of a Commerce Department review. Advertisement The first of the three TSMC
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