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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

Applied Materials’ Results, OpenAI-Reddit Partnership | Bloomberg Technology

Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt. ——– “Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and…

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Bloomberg’s Caroline Hyde and Ed Ludlow break down Applied Materials’ earnings, which failed to impress investors. Plus, OpenAI and Reddit announce a partnership to bring its content to ChatGPT and other products, and CoreWeave secures nearly $8 billion in private debt.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Reddit Forges Pact With OpenAI on Content for ChatGPT

Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:…

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Reddit forged a partnership with OpenAI that will bring its content to the chatbot ChatGPT and other products, while also helping the social media company add new artificial intelligence features to its forums. Bloomberg’s Shirin Ghaffary joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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Applied Materials Forecast Fails to Impress After Rally

Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”…

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Applied Materials, the largest US maker of chipmaking machinery, failed to impress investors with its latest forecast following a rally in the shares this year. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Ed Ludlow and Caroline Hyde to discuss the results and the future of the broader chip industry on “Bloomberg Technology.”
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