www.allsides.com
Biden gives TSMC over $6 billion for advanced chips in U.S.
The Biden administration announced plans to provide billions in funding to Taiwan Semiconductor Manufacturing Company to build cutting-edge chip factories in the U.S.‚ a major development in its push to reshore advanced technology supply chains.The Commerce Department said TSMC‚ which is based in Taiwan‚ will receive $6.6 billion in funding through the CHIPS and Science law to build three semiconductor manufacturing facilities in Arizona. Plans for two of the facilities had already been...