TSMC CFO Announces Receipt of Initial $1.5 Billion from U.S. CHIPS Act in Q4 2024
2025-01-21 / Read about 0 minute
Author:小编   

Lora Ho, Chief Financial Officer (CFO) of TSMC, has disclosed that the company has secured the first installment of $1.5 billion in funding from the U.S. CHIPS Act during the fourth quarter of 2024. According to the agreement, TSMC is set to invest over $65 billion in the construction of three state-of-the-art semiconductor fabs in Arizona. The U.S. government is contributing $6.6 billion in direct funding and an additional $5 billion in loan support. Currently, the first fab, Fab 21, is already in mass production of 4~5nm process chips, with TSMC planning to establish fabs for 3nm, 2nm, and 1.6nm processes in the state in the near future.