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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…

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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 discuss on “Bloomberg Technology.”

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15 Comments

15 Comments

  1. @droolalot5795

    April 8, 2024 at 2:50 pm

    Wasted tax payer money

    • @BillyP13

      April 8, 2024 at 3:41 pm

      Go to China .

    • @x-men69-96

      April 8, 2024 at 4:09 pm

      Yup, Biden get 30% from it.

    • @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 ????????

    • @rameshpudhucode6862

      April 8, 2024 at 5:57 pm

      Why are you here? Go to beijing

  2. @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.

  3. @ouulriyac4747

    April 8, 2024 at 3:00 pm

    amazing

  4. @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.

  5. @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.

    • @rameshpudhucode6862

      April 8, 2024 at 5:56 pm

      Stop wasting time messaging which uses chips. Go and help teachers

    • @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.

    • @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

  6. @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

  7. @timwalter6795

    April 8, 2024 at 6:35 pm

    Yes, Joe Biden is compromised

  8. @GuiltySpark347

    April 8, 2024 at 8:34 pm

    How about American chip companies?

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Foldable Phones Live Q&A and What to Expect at Samsung’s Galaxy Unpacked Event

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Join us as we dive into the world of foldable phones and pontificate about what’s on the horizon for Samsung at its upcoming Galaxy Unpacked summer event. CNET’s mobile team will be taking your questions live and breaking down Samsung’s newest foldable screen tech.

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Inside Ode with Anthropic, the startup betting AI services are the future of enterprise| Equity

Can a handful of engineers really do the work of an army of consultants? That’s the bet behind Ode with Anthropic — the joint venture dedicated to embedding forward-deployed engineers in enterprise firms, backed by Anthropic, Blackstone, Hellman & Friedman, Goldman Sachs and others. On this episode of TechCrunch’s Equity podcast, Rebecca Bellan sits down…

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Can a handful of engineers really do the work of an army of consultants? That’s the bet behind Ode with Anthropic — the joint venture dedicated to embedding forward-deployed engineers in enterprise firms, backed by Anthropic, Blackstone, Hellman & Friedman, Goldman Sachs and others.

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Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.

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26:39 Can this scale without turning into another consulting firm?

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How Trees Communicate

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Forest conservation scientist Dominick DellaSala joins WIRED to answer the internet’s burning questions about trees. What did ancient forests look like? What do tree rings really prove? Do rainforests create rain or does rain create rainforests? Answers to these questions and many more await on Forest Support.

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