TSMC Gets $11.6B in US Grants, Loans for Chip Plants

The US plans to award Taiwan Semiconductor Manufacturing $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. Advisors Capital Management Partner and Portfolio Manager JoAnne Feeney joins Caroline Hyde to…

Published

3 years ago

April 8, 2024

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15 Comments

@droolalot5795

April 8, 2024 at 2:50 pm

Wasted tax payer money

Reply
- @BillyP13
  
  April 8, 2024 at 3:41 pm
  
  Go to China .
  
  Reply
- @x-men69-96
  
  April 8, 2024 at 4:09 pm
  
  Yup, Biden get 30% from it.
  
  Reply
- @droolalot5795
  
  April 8, 2024 at 4:22 pm
  
  @@BillyP13 where all of the chips are currently made for fighter jets etc. I bet China doesn’t have chips made in America ????????
  
  Reply
- @rameshpudhucode6862
  
  April 8, 2024 at 5:57 pm
  
  Why are you here? Go to beijing
  
  Reply
@MatthewMS.

April 8, 2024 at 2:53 pm

I’ve been waiting 5 years for all of this, but playing out even better than my imagination l.

Reply
@ouulriyac4747

April 8, 2024 at 3:00 pm

amazing

Reply
@pavelhassan7457

April 8, 2024 at 3:38 pm

Who made this decision to invest in tsmc? Can you do a background check of that person? Intel fall because of internal enemy. Those enemy systemically destroyed intel.

Reply
@x-men69-96

April 8, 2024 at 4:09 pm

Should 11.6B go back to American teachers, nurses, veterans,….hard working American taxpayers instead? They have to reinvest their company anyway if they want to exist.

Reply
- @rameshpudhucode6862
  
  April 8, 2024 at 5:56 pm
  
  Stop wasting time messaging which uses chips. Go and help teachers
  
  Reply
- @PeterSedesse
  
  April 8, 2024 at 6:25 pm
  
  You missed the part where they are investing 60billion in the USA, creating thousands of high paying jobs, and allowing is to manufacture 2nm chips within our own borders.
  
  Reply
- @x-men69-96
  
  April 8, 2024 at 7:46 pm
  
  @@PeterSedesse you missed the part where they said most job will be a temporary construction, but they will bring high skill workers from Taiwan instead
  
  Reply
@vicentvanmole

April 8, 2024 at 6:14 pm

US is the soley cause of breaking up the supply chain . Knowing the labor cost & shortage of skill worker plus working culture,will all be a problem & unfeasible for US manufacturing no matter how idealistic they want .Also the major market is in China .only globalization will & can benefit consumer.not other way around .i strong!y disagree with her stated trade war should be kept in place

Reply
@timwalter6795

April 8, 2024 at 6:35 pm

Yes, Joe Biden is compromised

Reply
@GuiltySpark347

April 8, 2024 at 8:34 pm

How about American chip companies?

Reply

People & Blogs

Campaigns Spend Millions to Influence Voters. This Works Better | Katie Paris | TED

Katie Paris quit her career in Washington, DC, to figure out how to make politics feel less like strangers shouting at each other and more like friends looking out for each other. In this practical talk, she reveals why conversations between real people can have a bigger impact on elections than anything millions of campaign…

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1 day ago

October 17, 2026

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Bloomberg Technology

The Rundown – Anthropic 3Q & CoreWeave Debt Problems

Anthropic 3Q & CoreWeave Debt Problems ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in tech from Silicon Valley and around the world here: Connect with us on… X: Facebook: Instagram: Follow Ed Ludlow on…

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1 day ago

October 17, 2026

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Anthropic 3Q & CoreWeave Debt Problems
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Science & Technology

Can Enterprises Trust Autonomous AI? Security Experts on Governance and Architecture | Disrupt 2026

AI is making autonomous decisions inside sensitive enterprise systems. Security leaders from Luta Security and AWS, with cybersecurity veteran Wendy Nather, discuss what it takes to deploy it safely. #TechCrunchDisrupt2026 Follow us across… Read more:

Published

2 days ago

October 16, 2026

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AI is making autonomous decisions inside sensitive enterprise systems. Security leaders from Luta Security and AWS, with cybersecurity veteran Wendy Nather, discuss what it takes to deploy it safely.

#TechCrunchDisrupt2026