• $6.6 billion TSMC deal in Arizona the latest in the CHIPS Act’s rollout

    The CHIPS Act was designed to restart the semiconductor industry in the U.S. And the investment in TSMC and elsewhere seems to be helping.

  • Apple Seeking Deal to License Billions of Images to Train AI Models

    Apple is believed to be among the companies seeking an agreement with Photobucket to train its artificial intelligence models, Reuters reports. Photobucket's vast image library of over 13 billion photos and videos has attracted renewed interest as tech companies, including Apple, seek to license content for AI training purposes. The rise of generative AI has spurred demand for diverse datasets, and companies like Photobucket are able provide a vast amount of of visual data that could train...

    • WSYR

    President Biden will visit Central New York next week to formally announce federal government’s $6.1 billion award to Micron

    SYRACUSE, N.Y. (WSYR-TV) — President Joe Biden will visit Central New York next week to formally announce the $6.1 billion award of CHIPS funding to Micron, sources familiar with the White Ho

  • I'm in My Elegant Era: 6 Shoes I've Abandoned and 6 I Wear Exclusively Now

    See which overly trendy shoes our senior editor Anna LaPlaca just purged from her closet and the elegant styles that are replacing them.

  • Samsung to receive $6.6 billion subsidy for chip plant in Texas

    Samsung will receive a $6.6 billion subsidy to help it expand its chip plant in Texas, US, reveals Reuters. This is the latest step of the Biden administration in its efforts to boost chipmaking in the United States. The subsidy will go towards the construction of four facilities in the American plant, including one $17 billion chipmaking plant, another factory, an advanced packaging facility, and an R&D center. Samsung office in Austin, Texas Commerce Department Secretary Gina Raimondo...

    • Time

    Biden Administration Announces $6.6 Billion for Made in America Microchips

    The funds for Taiwan Semiconductor Manufacturing Co. mean the company can expand plans for two facilities in Phoenix and add a third.

  • TSMC to receive $6.6 Billion in direct funding for Arizona chip plant

    The United States Department of Commerce announced a new round of funding for TSMC under the CHIPS and Science Act. TSMC is in line to receive $6.6 billion in direct funding and $5 billion in loans for its semiconductor production in Phoenix, Arizona. TSMC is also eligible to apply for an investment tax credit covering up to 25% of capital expenditures. TSMC semiconductor manufacturing fab site in Phoenix, Arizona TSMC announced its plans to build a third chipset fab at its Arizona complex...

  • Apple chip maker TSMC wins $6.6 billion US subsidy

    The US Commerce Department is awarding iPhone processor manufacturer TSMC $6.6 billion and providing low-cost loans, for a third fabrication plant in Arizona. TSMC's headquarters in Hsinchu, Taiwan Taiwan Semiconductor Manufacturing Co (TSMC) is the manufacturer of the processors in Apple's iPhones, iPads, and Macs. While the majority of its manufacturing continues to take place in Taiwan, TSMC has also been creating other plants in places such as Germany and especially in Arizona. ...

  • TSMC wins $6.6 billion US subsidy for Arizona chip production

    The U.S. Commerce Department said on Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy for advanced semiconductor production in Phoenix, Arizona and up to $5 billion in low-cost government loans. TSMC agreed to expand its planned investment by $25 billion to $65 billion and to add a third Arizona fab by 2030, Commerce said in announcing the preliminary award. The Taiwanese company will produce the world's most advanced 2 nanometer technology at...

  • Biden Admin Gives $6.6 Billion to Project Run By Ex-Solyndra CEO

    The Biden administration is giving $6.6 billion to a semiconductor project run by the former CEO of Solyndra, the failed solar energy company at the center of an Obama-era scandal over government misspending.

  • TSMC gets $6.6 billion in federal funding for third Phoenix chip fab

    (The Center Square) – Taiwan Semiconductor Manufacturing Company continues to expand its endeavors in the desert. The company, which makes computer chips for use in a wide variety of technology, will be building a third fab in the Phoenix area. According to a news release from TSMC, the fabs will create an estimated 6,000 jobs at the facilities themselves, and 20,000 jobs in the construction process. The announcement increases the company's investment to $65...

    • Neowin

    Biden administration promises an additional $6.6 billion to TSMC for expanding Arizona fab

    The U.S. government, as part of the CHIPS and Science Act, has pledged to provide TSMC up to $6.6 billion for expanding its under-construction Arizona semiconductor fabrication units.