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    TSMC NYSE semiconductor Arizona

    TSMC Secures $6.6B Federal Grant to Boost U.S. Semiconductor Manufacturing

    November 25, 2024 • 1 min read

    Taiwan Semiconductor Manufacturing Company receives major federal funding to build three advanced chip facilities in Arizona, marking a strategic move to strengthen domestic semiconductor production. The $6.6B grant supports TSMC's $65B investment plan and aims to create thousands of high-tech jobs while reducing U.S. dependence on overseas chip manufacturing.

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