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TSMC Wins $6.6 Billion US Subsidy for Arizona Chip Production
Monday April 8, 2024. 01:00 PM , from Slashdot
'These are the chips that underpin all artificial intelligence, and they are the chips that are necessary components for the technologies that we need to underpin our economy, but frankly, a 21st century military and national security apparatus,' Commerce Secretary Gina Raimondo said in a statement. TSMC, the world's largest contract chipmaker and a major supplier to Apple and Nvidia had previously announced plans to invest $40 billion in Arizona. TSMC expects to begin high-volume production in its first U.S. fab there by the first half of 2025, Commerce said. The $65 billion-plus investment by TSMC is the largest foreign direct investment in a completely new project in U.S. history, the department said. Read more of this story at Slashdot.
https://news.slashdot.org/story/24/04/08/1058232/tsmc-wins-66-billion-us-subsidy-for-arizona-chip-pr...
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