US finalizes $406 million chips subsidy for Taiwan's GlobalWafers [Yahoo! Finance Canada]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Yahoo! Finance Canada
Commerce Department said on Tuesday it has finalized $406 million in government grants 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 semi
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TSM
Earnings
- 10/18/24 - Beat
TSM
Sec Filings
- 12/19/24 - Form 6-K
- 12/10/24 - Form 6-K
- 11/27/24 - Form 6-K
- TSM's page on the SEC website