News with the tag "Chips Act"

In a move hailed as potentially transformative for the American technology sector, semiconductor giant TSMC has dramatically increased its commitment to US chip manufacturing . The Taiwan-based chipmaker announced a staggering pledge to invest “at least” $100 billion in cutting-edge fabrication plan...

Intel, the renowned semiconductor giant, has struck a significant deal with the US government under the CHIPS and Science Act. The agreement entails a substantial infusion of up to $8.5 billion in direct funding from the Department of Commerce. Intel’s US manufacturing expansion This financial suppo...