• 9 months ago
Taiwan chip giant TSMC is expected to win US$5 billion in federal grants for its Arizona projects, according to Bloomberg.
Transcript
00:00 TSMC, the world's largest contract chipmaker, is expected to win US$5 billion in federal
00:06 grants for its projects in Arizona, that's according to Bloomberg. The funding would
00:11 give a boost to TSMC's venture in the US, a US$40 billion facility in Phoenix set to
00:18 make advanced 3 and 5 nanometer chips. The new plants have faced delays as labor unions
00:24 raise concerns over competition from foreign workers in the local job market.

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