TSMC and GlobalFoundries have wrapped up talks with US officials over $$ billions in grants and loans to support US #semiconductor fabs, Bloomberg reports, as Biden administration officials rush to pay out CHIPS Act money. It’s unclear when agreements will be officially announced. TSMC’s preliminary package included $6.6 billion in grants and up to $5 billion in loans for 3 Arizona fabs. GlobalFoundries’ is for $1.5 billion in grants and up to $1.6 billion in loans. $TSM $GFS #semiconductors
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#semiconductor