TSMC Secures US CHIPS Grants
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•US government finalizes TSMC's $6.6 billion CHIPS Act incentives
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Taiwan Semiconductor Manufacturing Co. (TMSC) is the first CHIPS Act awardee to get part of the money that the government has promised.
The Biden administration has finalized its grants for TSMC , which expects to receive $6.6 billion in grants.
Other companies, like Intel and Samsung , are still waiting to get their grants.
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