{"id":221711,"date":"2024-04-08T17:49:15","date_gmt":"2024-04-08T17:49:15","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/08\/tsmc-to-receive-6-6-billion-in-direct-funding-for-arizona-chip-plant\/"},"modified":"2025-06-25T17:19:04","modified_gmt":"2025-06-25T17:19:04","slug":"tsmc-to-receive-6-6-billion-in-direct-funding-for-arizona-chip-plant","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/04\/08\/tsmc-to-receive-6-6-billion-in-direct-funding-for-arizona-chip-plant\/","title":{"rendered":"TSMC to receive $6.6 Billion in direct funding for Arizona chip plant"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"review-body\">\n<p>The United States Department of Commerce announced a new round of funding for TSMC under the CHIPS and Science Act. TSMC is in line to receive $6.6 billion in direct funding and $5 billion in loans for its semiconductor production in Phoenix, Arizona. TSMC is also eligible to apply for an investment tax credit covering up to 25% of capital expenditures.<\/p>\n<p class=\"image-row clearfix\">&#13;<br \/>\n<a onclick=\"javascript:ShowImg2(&quot;news\/24\/04\/tsmc-6-6-bil-funding\/inline\/-1200x900m\/gsmarena_002.jpg&quot;);return false\" href=\"#\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"TSMC semiconductor manufacturing fab site in Phoenix, Arizona\" width=\"660\" height=\"352\" src=\"https:\/\/fdn.gsmarena.com\/imgroot\/news\/24\/04\/tsmc-6-6-bil-funding\/inline\/-660\/gsmarena_002.jpg\"\/><\/a>&#13;<br \/>\n<br \/><span><strong>TSMC semiconductor manufacturing fab site in Phoenix, Arizona<\/strong><\/span><\/p>\n<p>TSMC announced its plans to build a third chipset fab at its Arizona complex in a bid to meet customer demand focused on 2nm chipsets which are expected to begin production by the end of this decade. The Taiwanese semiconductor contract manufacturer has invested upwards of $65 billion across its fabs in Arizona which accounts for the highest foreign direct investment as a project in U.S. history. TSMC plans to begin manufacturing 4nm chips in Arizona by next year, followed by 3nm and 2nm chips in 2028.<\/p>\n<p class=\"article-source\"><a href=\"https:\/\/pr.tsmc.com\/english\/news\/3122\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.gsmarena.com\/tsmc_to_receive_66_billion_in_direct_funding_for_arizona_chip_plant_-news-62350.php\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The United States Department of Commerce announced a new round of funding for TSMC under the CHIPS and Science Act. TSMC is in line<\/p>\n","protected":false},"author":1,"featured_media":221712,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[165],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221711"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=221711"}],"version-history":[{"count":1,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221711\/revisions"}],"predecessor-version":[{"id":329851,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/221711\/revisions\/329851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/221712"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=221711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=221711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=221711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}