(Beijing Comprehensive News) People familiar with the matter revealed that the Taiwan Style Circuit Manufacturing Corporation (TSMC) will receive a funding of more than $ 5 billion (over S $ 6.7 billion) in the US federal government in order to fund their chips in Arizona, USAProduction projects.
Bloomberg News reported on Friday (March 8) quoted anonymous insiders that whether TSMC can obtain funding has not been finalized.A number of leading chip manufacturers, including TSMC, Intel, Micron Technology, and Samsung Electronics, are negotiating with the US Department of Commerce about $ 28 billion in funding.These companies will get a number of $ 1 billion from the fund pool, but the specific figures are still fluctuating.
TSMC is the main chip supplier between Apple and Nvidia and the world's largest chip manufacturer. It has invested more than $ 40 billion in chip factories in Arizona.TSMC said in a statement that the company and the US government continued to communicate with funding subsidies and made steady progress.The US Department of Commerce and the White House do not comment on this.
The U.S. government has tried to expand US chip production capacity through the 2022 chip and the Science Act.The bill reserves a total of $ 39 billion in direct funding, plus $ 75 billion in financing plans, to talk about chip manufacturers who have produced in Asia for decades and change to the United States for production.
According to Reuters, Minister of Commerce Raymond in February stated that it plans to make several funding decisions within two months.