TSMC Secures Major Subsidy for Chip Production in Arizona
Monday, 8 April 2024, 09:11
TSMC Receives $6.6 Billion Subsidy for Arizona Chip Production
TSMC has agreed to accept a $6.6 billion subsidy for its chip production in Arizona. This substantial financial support is aimed at boosting the company's manufacturing capabilities in the region.
Key Points:
- Close Collaboration: TSMC to receive up to $5.5 billion in low-cost government loans.
- Increased Investments: TSMC plans to raise its US investments to over $65 billion, signifying a remarkable increase of more than 60%.
- Technological Milestone: The company will produce the world's most advanced 2-nanometer chips in the US, a move that could revolutionize the semiconductor industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.