TSMC, GlobalFoundries Set To Win Final Chips Act Awards

TSMC, GlobalFoundries poised to get final Chips Act awards, sources say
The notification is a sign of progress amid concern about the pace of the award rollout. TSMC, GlobalFoundries and the unidentified third company are among 21 awarded about $37 billion in preliminary agreements through the bipartisan 2022 Chips and Science ...
TSMC and GlobalFoundries Finish Talks Over Chips Act Awards
Taiwan Semiconductor Manufacturing Co. and GlobalFoundries Inc. have finished negotiating binding agreements for billions of dollars in grants and loans to support US factories, people familiar with the matter said.
Taiwan Semi, GlobalFoundries said to conclude talks over final CHIPS Act awards
Taiwan Semiconductor Manufacturing and GlobalFoundries concluded discussions for billions of dollars in CHIPS Act funding. Read more.
3 Firms to Get US Chips Act Subsidies, Including TSMC, GlobalFoundries: Report
The US Department of Commerce has notified Congress that at least 3 companies, including TSMC (TSM.US) and GlobalFoundries Inc. (GFS.US) , will receive the last batch of subsidies under the CHIPS and Science Act,
GlobalFoundries' poised to get final Chips Act award - source
GlobalFoundries and at least two other chipmakers are poised to receive their final Chips and Science Act awards from the Biden administration, a person briefed on the matter said, a sign of progress amid growing concerns about the pace of the award rollout.
TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report
The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.
Ex-AMD fab GlobalFoundries has been fined $500K after admitting it shipped $17,000,000 worth of product to a company associated with China's military industri…
Now the company has fessed up to shipping $17 million worth of products to Chinese company SJ Semiconductor between February ...
The Taipei Times3d
GlobalFoundries fined for China trade
It also comes as GlobalFoundries, majority owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co, is slated to ...
Digi Times3d
US fines GlobalFoundries US$500,000 for wafer shipments to Entity List
The US imposed a US$500,000 in mitigated penalty against GlobalFoundries for shipments of semiconductors to entity-listed ...
U.S. News & World Report6d
US Fines GlobalFoundries for Shipping Chips to Sanctioned Chinese Firm
In a statement, GlobalFoundries said the company regrets ... the Biden administration for "apparent lax monitoring" of TSMC following revelations a chip produced by the Taiwanese chipmaker ...
AOL17d
Could Investing $30,000 In TSMC Make You a Millionaire?
TSMC's main domestic competitor, UMC, stopped shrinking its chips at the 14 nm node. Globalfoundries, which was spun off from AMD in 2009, doesn't produce any chips beyond the 12 nm node.
Morningstar21d
TSMC Tops Expectations and Exudes Confidence in Artificial Intelligence Demand
Only the largest foundries—TSMC, Samsung, GlobalFoundries, UMC, SMIC, and more recently Intel as a new entrant to the space—possess FinFET-related intangible assets. Only TSMC, Intel ...
GlobalFoundries downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley analyst Joseph Moore downgraded GlobalFoundries (GFS) to Equal Weight from Overweight with a price target of $43, down from $53.