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US offers $11.6B in aid for TSMC’s Arizona fabs
Discover how TSMC’s groundbreaking $65 billion investment in Arizona, supported by the U.S. Department of Commerce with subsidies and loans, aims to revolutionize the semiconductor industry with the world’s most advanced 2-nanometer chips, creating thousands of jobs and bolstering AI technology.2024/04/08 18:33 -
Commerce secretary highlights TSMC’s role in U.S. chip goals
U.S. Secretary of Commerce Gina Raimondo aims for the U.S. to produce 20% of the world’s cutting-edge semiconductors by 2030. Companies like Intel, TSMC, and Samsung are seeking over US$70 billion in subsidies under the 2022 CHIPS and Science Act. Raimondo highlights TSMC’s Arizona project and expresses gratitude for their contributions. The government plans to fund more projects to achieve the 20% global semiconductor production target by 2030. The U.S. Department of Commerce is expected to announce new subsidies, with TSMC likely to receive funding.2024/02/27 17:45 -
TSMC, AZBTC resolve dispute with training, safety deal
Taiwan Semiconductor Manufacturing Co. (TSMC) and the Arizona Building and Construction Trades Council (AZBTC) have reached an agreement to resolve a labor dispute at TSMC’s Phoenix semiconductor manufacturing facility. The collaboration includes employee training programs and a commitment to transparency on workplace safety issues. This agreement is seen as a critical step for TSMC, which is expected to benefit from the US$100 billion in subsidies provided by the U.S. Chips Act. TSMC has agreed to prioritize local hiring but can employ foreign workers with "specialist experience" if needed. TSMC’s investment in Arizona amounts to US$40 billion, with construction starting in 2021. Mass production is now scheduled to begin in the first half of 2025. This resolution not only facilitates smoother progress in the construction of TSMC’s plant but also highlights the company’s role in increasing semiconductor production capabilities in the United States.2023/12/07 18:06