US government will provide TSMC with $6.6 billion in support
November 15, 2024
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US Department of Commerce, TSMC Taiwan Semiconductor Manufacturing Co., which we know as. for $6.6 billion approved the stimulus package. As part of this package, a large semiconductor
US Department of Commerce, TSMC Taiwan Semiconductor Manufacturing Co., which we know as. for $6.6 billion approved the stimulus package. As part of this package, a large semiconductor factory will be located in Phoenix, Arizona. Moreover, 2nm architecture chips will arrive in 2028.
This agreement between TSMC and the US in 2022 Announced by the Biden administration and aiming to increase chip production in the US: $52.7 billion It is shown as an important step in the US Chip and Science Act. As is known, the battle for supremacy between the US and China continues.
TSMC will increase its US investments by $40 billion
TSMC is one of the largest semiconductor manufacturers in the world and with this incentive the company aims to increase its investments in the US from $25 billion to $40 billion. The company’s U.S. expansion plan lists the Phoenix plant as its third plant in Arizona by 2030 This facility is expected to be completed.
The company too 2028 to the year in Arizona It is expected to produce high-end chips with 2nm architecture at its second factory. It is stated that TSMC’s A16 chip manufacturing technology will be used in this facility.
The $6.6 billion incentive shows that the Taiwanese company’s importance in the US will also increase. In perspective: Turkey’s richest family Koç family Total assets in 2023 were approximately $6 billion. So the US has prepared a very large stimulus package for TSMC.
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