TSMC is accelerating its investments in America! How much grant did he receive?

Apparently, TSMC will continue to increase its initiatives in the American market. Within the scope of the incentive program called CHIPS and Science Act, newly implemented by the country’s government, the company will receive another grant of 6.6 billion dollars.

In addition, a long-term loan of around 5 billion dollars to the company was also brought to the agenda. With this giant collaboration, TSMC is expected to retain the title of being the largest chip manufacturer in the world for a while longer. Here are the most important details about the subject…

TSMC is on the agenda with its American investments

It is said that, within the scope of the agreement, TSMC guaranteed the American government to open a total of 3 production facilities in the state of Arizona. The reason for choosing this state was its relatively low tax policy and cheaper labor compared to others. The first factory is expected to officially start mass production in 2025, while the second factory will come into effect in 2028.

The target year for the third facility is launched as 2023. It is known that this factory will be of critical importance for the American industry, especially in the production of 2 nanometer chips. Chips that will be used for military activities as well as artificial intelligence may cause the cards to be redistributed around the world.

With this latest move, TSMC’s total investment in the country will exceed 65 billion dollars. However, this figure is expected to increase further in the coming period. We hope that all these developments will benefit users at the end of the day.

So what do you think about this issue? Do you think TSMC will be able to achieve good success with this latest investment? Who do you think will win the chip wars? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.