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Benedict Collins

$6.6 billion given to Taiwan semiconductor giant to shore up US chip manufacturing

Taiwan United States Semiconductor TSMC the US Department of Commerce
Cpu view.

The Taiwan Semiconductor Manufacturing Company (TSMC) has been granted $6.6 billion as part of the CHIPS and Science act to fund the domestic manufacturing of semiconductors on US soil.

The funding, confirmed by the US Department of Commerce,  will help migrate TSMC’s manufacturing capabilities from Taiwan to planned factories in Arizona, distancing semiconductors used in US defense and industry from the espionage capabilities of China.

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