TSMC, GlobalFoundries Set To Win Final Chips Act Awards

TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
WASHINGTON, Nov 6 (Reuters) - Taiwan Semiconductor Manufacturing Co, (2330.TW), opens new tab GlobalFoundries (GFS.O), opens new tab and at least one other chipmaker are poised to receive their final Chips and Science Act awards from the Biden ...
TSMC, GlobalFoundries reportedly complete CHIPS Act funding negotiations
GlobalFoundries won $1.5 billion in CHIPS Act funding about two months before TSMC. The preliminary agreement that the company signed with the Commerce Department specified that the capital would be spent on three facilities in New York and Vermont.
TSMC and GlobalFoundries finalize CHIPS Act funding agreements
Two months later, TSMC was awarded $11.6 billion in CHIPS Act funding, made up of $6.6 billion in grants and an additional $5 billion in loans. The chipmaker was already constructing two plants in Arizona to produce 4nm and 3nm semiconductors but under the terms of the deal, TSMC agreed to build a third fab in the state.
Taiwan Semi, GlobalFoundries said to conclude talks over final CHIPS Act awards
Taiwan Semiconductor Manufacturing and GlobalFoundries concluded discussions for billions of dollars in CHIPS Act funding. Read more.
TSMC and GlobalFoundries Finish Talks Over Chips Act Awards
Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have finished negotiating binding agreements for billions of dollars in grants and loans to support US factories, people familiar with the matter said.
GlobalFoundries' poised to get final Chips Act award - source
GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration, a person briefed on the matter said, a sign of progress amid growing concerns about the pace of the award rollout.
TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report
The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.
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TSMC, GlobalFoundries Finish Talks Over Billions in Chips Awards
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