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​The logo of Taiwanese chip giant TSMC is seen at southern Taiwan science park in Tainan, Taiwan.
GZERO AI

TSMC gets billions to build in Phoenix

Taiwan Semiconductor Manufacturing Company will receive as much as $6.6 billion from the US government to expand its chip-making complex in Phoenix, Arizona.

Semiconductor chips on a circuit board.
GZERO AI

Crunch time for chipmakers

The Biden administration wants to supercharge US chip manufacturing, which is why the 2022 CHIPS Act allotted $280 billion for the domestic chipmaking sector. But Republicans in Congress just halted a key provision of the administration’s plan.