China loses in technology war: TSMC will receive $ 6.6 billion from the US

TSMC has agreed to increase planned investments in the production of US processors from $ 25 billion to $ 65 billion. The Taiwanese company is expected to establish the production of the world's most advanced chip technology at one of the Arizona Fab plants, which will be launched in 2028. It is known that 2-Hm chips will be used for the work of si apps. According to US Minister Gina Raymomondo, they also need the US to support the economy, military and national security.

TSMC has previously announced plans to invest $ 40 billion in production in Arizona. The first plant there will start its operations next year. TSMC investments of $ 65 billion are the largest foreign direct investment in a brand new project in US history, the publication emphasizes. It is expected that 70% of customers of these US enterprises will be local companies and 30% will be foreign. In 2022, the US Congress approved the Law on Chip and Science to increase semiconductor production.

Within this law, $ 52. 7 billion was allocated in the form of subsidies for research and production. The legislators also approved the budget of $ 75 billion of state credit. TSMC CEO Si Wei said the company will help American technological firms to promote their innovations, increasing the potential for the introduction of advanced technologies with the help of TSMC Arizona products.

The Ministry of Commun expects that the projects will create 6,000 workplaces in the manufacturing industry and 20,000 workplaces in construction. When all three TSMC companies in Arizona start operating at full capacity, they will produce tens of millions of advanced 5G/6G smartphones, autonomous vehicles, servers, data processing centers, neurotrants. Earlier, we reported that chips can rise sharply, and with them all the gadgets.