WILMINGTON, Del. — The Biden administration pledged on Monday to provide up to $6.6 billion from the federal CHIPS Act so that a Taiwanese semiconductor giant can expand the facilities it is already …
WILMINGTON, Del. — The Biden administration pledged on Monday to provide up to $6.6 billion from the federal CHIPS Act so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time.Commerce Secretary Gina Raimondo said the funding for Taiwan Semiconductor Manufacturing Co. means the company can expand on its existing plans for two facilities in Phoenix and add a third, newly announced production hub.
See the full article on Arizona’s economic indicators, or, read more Arizona real estate investing news. Take your pick!
