TSMC, GlobalFoundries Set To Win Final Chips Act Awards

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, 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 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.
Taiwan Semi, GlobalFoundries said to conclude talks over final CHIPS Act awards
Taiwan Semiconductor Manufacturing and GlobalFoundries concluded discussions for billions of dollars in CHIPS Act funding. Read more.
GlobalFoundries' poised to get final Chips Act award, source says
By David Shepardson, Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration,
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.
bovnews5h
Globalfoundries Inc (GFS) Stock Dilemma: A Surge That Has Everyone Talking—What’s the Real Story?
On Wednesday, Globalfoundries Inc (GFS) stock saw a modest uptick, ending the day at $46.79 which represents a slight increase of $5.42 or 13.10% from the prior close of $41.37. The stock opened at ...
Why Globalfoundries Rallied Today
While communications infrastructure, Internet of Things, and automotive chips still all posted sales declines, sales of chips ...
Taiwan Semi and GlobalFoundries Finalize Major US Funding Deals, Eye Growth in Chip Manufacturing
Prominent chipmakers, including Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and GlobalFoundries Inc (NASDAQ:GFS), have ...
GlobalFoundries shares jump on strong mobile business growth
Shares of GlobalFoundries Inc. jumped more than 14% today after the company disclosed that its mobile chip business grew much ...
Chipmaker GlobalFoundries Faces $500,000 Fine for Banned Shipments to China
The Biden administration said it had reached a settlement after the U.S. chipmaker voluntarily disclosed that it had shipped ...
Digi Times1d
GlobalFoundries' 3Q24 earnings: 7% revenue growth driven by design wins despite YoY decline
GlobalFoundries (GF) posted earnings results for the third quarter of 2024 that ended September 30, 2024, achieving 7% ...
GlobalFoundries price target lowered to $50 from $63 at Baird
Baird lowered the firm’s price target on GlobalFoundries (GFS) to $50 from $63 and keeps an Outperform rating on the shares. The firm ...