A Taiwanese minister and TSMC board member urges US Congress to pass the Chips Act, saying the pace of building TSMC's Arizona chip factory depends on subsidies
The head of Taiwan's National Development Council said the pace of TSMC's fab construction in Arizona (USA) depends on the US Congress passing the CHIPS Act (federal subsidies), media report. $TSM #semiconductors
I wonder why the Chips Act hasn't passed Congress yet? Apparently the Senate passed a version of the bill last summer and House passed their version in February. Taiwan Semiconductor and Intel want to invest in America if they get incentives https://www.washingtonpost.com/ ...
“TSMC has already begun their construction in Arizona, basically because of trust. They believe the Chips Act will be passed by the Congress,” —Ming-Hsin Kung, minister of Taiwan's National Development Council and a TSMC board member. https://www.washingtonpost.com/ ...