Monday, 18 November, 2024

TSMC Secures Up To $6.6 Billion In U.S. Funding To Boost Chip Production

The U.S. has finalized up to $6.6 billion in funding for chipmaking giant TSMC to support semiconductor manufacturing and innovation. This investment aligns with efforts to strengthen domestic chip production and reduce reliance on global supply chains. The funding will aid TSMC in scaling its operations, fostering advancements in chip technology, and addressing growing demand in critical industries.