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Claim · 2024-11-15 · announcement · Stated in source · Supported

NIST announced on 15 November 2024 that the Department of Commerce had awarded TSMC Arizona up to $6.6 billion in direct CHIPS Incentives funding, to be disbursed on completion of project milestones, plus up to $5 billion of proposed loans, supporting a planned investment of more than $65 billion in three Phoenix fabs; the release says the chips will power artificial intelligence among other industries.

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What it connects

→ made a government award to → TSMC Arizona Corporation

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