Monday, April 10, 2023

TSMC talking to US about CHIPS Act 'guidance' amid subsidy concerns

Taiwanese chipmaker TSMC said on Monday it is communicating with Washington about its "guidance" for a law designed to boost US semiconductor manufacturing that has sparked concerns about subsidy criteria. Conditions for subsidies include sharing excess profit with the US government, and industry sources have said the application process itself could expose confidential corporate strategy.

from Gadgets Now https://ift.tt/pwCPYRV

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