TSMC and GlobalFoundries Finish Talks Over Chips Act Awards [Yahoo! Finance Canada]
GlobalFoundries Inc. (GFS)
Company Research
Source: Yahoo! Finance Canada
Most Read from Bloomberg The deals, announced as tentative agreements earlier this year, come as the Biden administration races to get Chips and Science Act money out the door before the end of its term in January. It is unclear when the agreements will officially be signed and the incentives unveiled, according to the people, who asked not to be identified because the conversations are private. The award amounts are roughly in line with the preliminary agreements, the people said. TSMC's package announced in April includes $6.6 billion in grants and as much as $5 billion in loans to support the construction of three semiconductor factories in Phoenix. GlobalFoundries' agreement from February is for $1.5 billion in grants and as much as $1.6 billion in loans to support a new plant in New York state, as well as expansions of existing facilities there and in Vermont. TSMC, GlobalFoundries and the Commerce Department declined to comment. The Chips Act set aside $39 billion in
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GFS
Earnings
- 11/5/24 - Beat
GFS
Sec Filings
- 11/20/24 - Form 6-K
- 11/12/24 - Form SC
- 11/6/24 - Form SC
- GFS's page on the SEC website