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TSMC Gets $11.6B in US Grants, Loans for Chip Plants

April 11, 2024
in AI & Technology
Reading Time: 1 min read
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The US plans to award Taiwan Semiconductor Manufacturing $6.6 billion in grants and as much as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. Advisors Capital Management Partner and Portfolio Manager JoAnne Feeney joins Caroline Hyde to discuss on “Bloomberg Technology.”

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