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Global Trade Alert

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United States of America: US Administration awards approximately USD 11.5 billion in funding to TSMC Arizona to support the domestic production of semiconductors

Description

On 15 November 2024, the US government awarded USD 6.6 billion in financial grants to TSMC Arizona, a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC). The funding supports thre...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Nov 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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