TSMC, Biden

Biden locks in $6.6 billion for huge TSMC chip factories in Arizona
The Biden administration has finalized a $6.6 billion award for the Taiwan semiconductor giant that is building massive factories in Phoenix.
Biden administration signs off on $6.6 billion in CHIPS Act funds for TSMC's Phoenix site
Commerce Department has finally agreed to release $6.6 billion to help fund the Phoenix plant being built by TSMC. Trump has criticized the plan.
U.S Department of Commerce finalizes $6.6 billion CHIPS Act funding for TSMC Fab 21 Arizona site
TSMC and the U.S. Department of Commerce finalized a deal Friday, granting TSMC $6.6 billion in funding and $5 billion in loan guarantees under the CHIPS Act to build its Fab 21 site in Arizona.
Biden administration finalizes $6.6B in chips grants for TSMC before Trump takes office
The White House on Friday announced it had finalized an agreement with a major semiconductor manufacturer to invest billions of dollars in facilities in Arizona as President Biden looks to cement parts of his legislative legacy before leaving office in January.
Arizona leaders celebrate finalized $6.6B CHIPS Act award to TSMC
Three semiconductor manufacturing Phoenix fabs will support the economy after a final agreement between TSMC and the Biden administration.
Biden completes $6.6 billion TSMC chip grant ahead of Trump admin
As part of the deal, TSMC agreed to invest about $65 billion to expand operations in Phoenix, in order to build its most advanced chips. It also agreed to limit stock buybacks for
Biden administration finalizes TSMC’s Chips Act award, with funds coming this year
Finalizing the agreement guarantees that cutting-edge semiconductor manufacturing will return to the U.S., Commerce Secretary Gina Raimondo said.
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TSMC reportedly delays Fab 21 opening ceremony in Arizona until January
TSMC's Fab 21 opening ceremony in Arizona is rumored to be delayed to January and unlikely to be attended by two U.S.
Commerce approves $6.6 billion for TSMC Arizona as company hit with discrimination suit
Another $6.6 billion has been awarded to Arizona’s Taiwan Semiconductor Manufacturing Company just days after numerous former TSMC employees filed a class action lawsuit against the organization for ...
Ex-employee claims TSMC holds American workers to stricter standards than Taiwanese at Arizona plant
A former worker at TSMC Arizona echos a discrimination lawsuit and said employees from east Asia were given a leg up over ...
US finalizes $6.6 billion chips award for TSMC ahead of Trump return
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
TSMC Arizona lawsuit exposes alleged ‘anti-American’ workplace practices
The lawsuit claims the company “willfully disregarded diversity commitments TSMC made in the CHIPS Act,” noting that as of ...
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TSMC Arizona fab opening reportedly delayed until January 2025, TSMC prepares for 'Trump 2.0'
TSMC reportedly delays Arizona fab opening ceremony until January 2025, after President-elect Trump is sworn in, plans to ...
TSMC sued for race and citizenship discrimination at its Arizona facilities (updated)
TSMC is being sued by current and former employees, including a talent acquisition director, over alleged employment ...
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TSMC Arizona secures funding ahead of Trump’s term; other companies scramble
PHOENIX (AZFamily) — The Biden Administration announced Friday it has finalized the $6.6 billion investment in TSMC Arizona through the CHIPS Act, but more than 20 companies are still racing to ...