Summary
The Biden administration finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) for its Arizona chip factories, securing CHIPS Act funding before President-elect Trump takes office.
TSMC plans to invest $65 billion in three Phoenix fabs, creating thousands of jobs and bolstering U.S. semiconductor production.
The funds, part of the $52.7 billion CHIPS Act, aim to reduce U.S. reliance on foreign-made chips.
Despite Trump’s criticism of the subsidies, the agreement is legally binding, ensuring continued progress on the largest foreign investment in U.S. manufacturing history.
You were talking about the run up to the end. You’re moving goalposts. Would you like to try to redo this so that you stay on topic, or do you want to complain?
I don’t care either way, you’re a useless person to me. But I thought you might want to try to at least make it look like you’ve got a real problem with this specific thing rather than just being miserable and trying to make everyone around you miserable as well.