With the acquisition, Vertex will add Alpine's portfolio of protein-based
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...
The funds for Taiwan Semiconductor Manufacturing Co. mean the company can expand plans for two facilities in Phoenix and add a third.
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...
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. ...
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...
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.
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.
(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...
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.
President Biden’s CHIPS Act money continues to get doled out to semiconductor manufacturers. The White House just announced that the Taiwan Semiconductor Manufacturing Company (TSMC) is receiving $6.6 billion in grants to build three fabrication plants, otherwise called fabs, in the region of Phoenix, Arizona. This is in addition to around $5 billion in government loans. As part of this deal, TSMC agreed to expand its planned investment in Arizona by $25 billion, to $65 billion. The company...
Conduit Holdings Limited (LON:CRE – Get Free Report) insider Neil David Eckert acquired 1,234 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were bought at an average cost of GBX 497 ($6.29) per share, with a total value of £6,132.98 ($7,762.28). Conduit Stock Performance Shares of CRE stock opened […]