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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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Bloomberg Technology

TSMC, ASML China Invasion Plan, Microsoft’s New AI Tool | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down the news that TSMC and ASML can remotely shut down their equipment in the event of an invasion. Plus, Microsoft launches a new Team Co-Pilot AI tool and actress Scarlett Johansson pushes back against OpenAI and the eerily similar Sky voice. 00:00 Intro 07:00 Kristina Hooper, Invesco Chief Global Market…

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Bloomberg’s Caroline Hyde breaks down the news that TSMC and ASML can remotely shut down their equipment in the event of an invasion. Plus, Microsoft launches a new Team Co-Pilot AI tool and actress Scarlett Johansson pushes back against OpenAI and the eerily similar Sky voice.

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07:00 Kristina Hooper, Invesco Chief Global Market Strategist
12:28 Zoom CFO Kelly Steckelberg
18:16 Ether’s biggest jump since 2022
27:30 Nikesh Arora, Palo Alto Networks CEO
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Microsoft’s Nadella Doesn’t Like the Term ‘Artificial Intelligence’

Microsoft CEO Satya Nadella speaks exclusively with Bloomberg Originals Host and Executive Producer Emily Chang about the dawn of AI computers and why he doesn’t like the term artificial intelligence. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow…

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Microsoft CEO Satya Nadella speaks exclusively with Bloomberg Originals Host and Executive Producer Emily Chang about the dawn of AI computers and why he doesn’t like the term artificial intelligence.
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Scarlett Johansson Pushes Back on OpenAI Voice

Actress Scarlett Johansson said that she was “forced to hire legal counsel” to demand the removal of an artificial intelligence voice for OpenAI’s chatbot that sounded too much like her. Bloomberg’s Rachel Metz joins Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Actress Scarlett Johansson said that she was “forced to hire legal counsel” to demand the removal of an artificial intelligence voice for OpenAI’s chatbot that sounded too much like her. Bloomberg’s Rachel Metz joins Caroline Hyde on “Bloomberg Technology.”
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