TSMC secures $6.6B CHIPS Act funding, announces third Arizona fab

Semiconductor foundry TSMC announced that the U.S. Department of Commerce and TSMC Arizona have signed a non-binding preliminary memorandum of terms (PMT) for up to $6.6 billion in direct funding under the CHIPS and Science Act.

TSMC, Bosch, Infineon, NXP jointly invest in European semiconductor company; expected investments to exceed €10B

TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors have announced plans to jointly invest in the European Semiconductor Manufacturing Company (ESMC), located in Dresden, Germany.