Global Trade Alert
Global Trade Alert

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

Announcement

15 Nov 2024

In November 2024, the US Department of Commerce announced financial assistance for TSMC Arizona to support the production of semiconductors.

 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Nov 2024

Revocation date:

No revocation date

Announced: 15 Nov 2024
State loan In force
On 15 November 2024, the US government approved loans of up to USD 5 billion for TSMC Arizona, a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC). The funding will support the d...
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Announced: 15 Nov 2024
Financial grant In force
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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