tsmc-arizona-corp

TSMC Rakes in CHIPs for Semiconductors

The U.S. Department of Commerce and TSMC Arizona Corp. have reached a non-binding agreement to help fund the Phoenix-based aerospace company’s efforts to manufacture the world’s most advanced semiconductors.The U.S. Department of Commerce and TTSMC Arizona Corp. a subsidiary of Taiwan Semiconductor Manufacturing Co. Ltd., have signed a preliminary memorandum of terms, or PMT, to provide up to US$6.6 billion in direct funding under the CHIPS and Science Act, which ... [+]