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US finalizes up to $6.6 bn funding for chip giant TSMC
US finalizes up to $6.6 bn funding for chip giant TSMC
Business and Economy
by  AFP

The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House. Besides the $6.6 billion in direct funding, the United States is also providing up to $5 billion in proposed loans to TSMC Arizona.