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 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.
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.
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 tentative deals, announced earlier this year, come as the Biden administration races to allocate funds from the Chips and Science Act before its term ends in January. AFP Taiwan Semiconductor Manufacturing Co. (TSMC), GlobalFoundries, and one other ...
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Biden Administration ‘Races’ to Allocated CHIPS Act Funds
A Bloomberg story reports that two chips giants, TSMC and GlobalFoundries, have finished talks over CHIPS Act awards.
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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 ...
Trump’s Win Sets Off Race to Complete Chips Act Subsidy Deals
The Biden administration is racing to complete Chips Act agreements with companies like Intel Corp. and Samsung Electronics ...
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 ...
The future of the CHIPS Act could hang in balance of the presidential election
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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TSMC poised to get final CHIPS Act awards
TSMC, GlobalFoundries and the US Department of Commerce declined to comment. The CHIPS Act set aside US$39 billion in ...
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 ...
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.