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0.000349458339573627 -0.000599071439269156 -0.000299535719634578 -0.000848684538964542 -4.9922619939049E-05 0.000798761919025493 0.00234636313713743 0.00534172033348307
Stock impact report

US finalizes $406 million chips subsidy for Taiwan's GlobalWafers [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
to Taiwan's GlobalWafers to significantly increase production of silicon wafers in the United States. The funds for projects in Texas and Missouri will establish the first high-volume U.S. production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the Commerce Department said. The wafers are a crucial component of advanced semiconductors and part of the Biden administration's efforts to boost the domestic chips supply chain. The subsidy will support nearly $4 billion in investments by GlobalWafers in both states to construct new wafer manufacturing facilities and create 1,700 construction and 880 manufacturing jobs. "We look forward to innovating with our U.S.-based chip customers for decades to come," GlobalWafers CEO Doris Hsu. GlobalWafers said in 2022 it would build a $5 billion plant in Texas to make 300-mm silicon wafers used in semiconductors, switching from a defunct plan to invest in Germany. Currently, five major Show less Read more
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