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Biden administration finalizes $6.6 billion grant for TSMC project in Phoenix

CHIPS Act grants for other projects remain in limbo

Taiwan Semiconductor Manufacturing Co.'s manufacturing plant is under construction in Phoenix. (U.S. Commerce Department)
Taiwan Semiconductor Manufacturing Co.'s manufacturing plant is under construction in Phoenix. (U.S. Commerce Department)

The Biden administration finalized a $6.6 billion grant for Taiwan Semiconductor Manufacturing Co.'s chipmaking campus in Phoenix, although other grants from the same federal program remain in limbo with the policy uncertainty around the incoming Trump administration.

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