The Biden-Harris administration announced today that the Department of Commerce has awarded TSMC Arizona Corporation up to $6.6 billion in direct funding under the CHIPS and Science Act – the first major award finalized under the $52 billion program. […]

The Department of Commerce today announced a preliminary agreement with TSMC Arizona Corp. for up to $6.6 billion of CHIPS and Science Act funding that the company will use to make advanced semiconductors in its planned third U.S.-based semiconductor making facility by the end of this decade. […]