TSMC, GlobalFoundries Set To Win Final Chips Act Awards

TSMC, GlobalFoundries reportedly complete CHIPS Act funding negotiations
GlobalFoundries won $1.5 billion in CHIPS Act funding about two months before TSMC. The preliminary agreement that the company signed with the Commerce Department specified that the capital would be spent on three facilities in New York and Vermont.
TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
WASHINGTON, Nov 6 (Reuters) - Taiwan Semiconductor Manufacturing Co, (2330.TW), opens new tab GlobalFoundries (GFS.O), opens new tab and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden ...
TSMC and GlobalFoundries Finish Talks Over Chips Act Awards
Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have finished negotiating binding agreements for billions of dollars in grants and loans to support US factories, people familiar with the matter said.
TSMC and GlobalFoundries finalize CHIPS Act funding agreements
Two months later, TSMC was awarded $11.6 billion in CHIPS Act funding, made up of $6.6 billion in grants and an additional $5 billion in loans. The chipmaker was already constructing two plants in Arizona to produce 4nm and 3nm semiconductors but under the terms of the deal, TSMC agreed to build a third fab in the state.
GlobalFoundries' poised to get final Chips Act award - source
GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration, a person briefed on the matter said, a sign of progress amid growing concerns about the pace of the award rollout.
TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report
The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.
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When the CHIPS and Science Act passed in 2022, it had bipartisan support. But the law has emerged as a point of contention ...
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Infinera receives $93 million from the CHIPS Act to expand production and packaging of semiconductors
These projects would increase its domestic manufacturing capacity and create up to 1,700 manufacturing and construction jobs.
GlobalWafers expects Chips Act to continue in Trump administration
Taiwan's GlobalWafers said it expects the Chips and Science Act award aimed at encouraging investment by chipmakers in the United States would continue under the new U.S. administration.
New York pols believe CHIPS act funding will survive even if GOP wins
Both Trump and House Speaker Mike Johnson have said they would target the $52 billion CHIPS and Science Act authored by Sen.
Speaker Mike Johnson walks back comments that GOP would ‘probably’ try to repeal CHIPS Act
House Speaker Mike Johnson might have put a significant dent in the reelection hopes of one of the GOP’s most vulnerable ...
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House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that ...
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What the Trump win could mean for CHIPS grants worth billions
The rush is on to finalize CHIPS Act contracts among 20 companies that have already received preliminary grants worth $30 ...