The Biden administration has finalized its $6.6B CHIPS Act grant to TSMC (TSM), two months before President-elect Donald Trump returns to office, Nikkei Asia’s Yifan Yu reports. According to the report, the money will be disbursed in stages and TSMC is expected to receive at least $1B by the end of 2024.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSM: