TSMC, GlobalFoundries Set To Win Final Chips Act Awards
TSMC and GlobalFoundries finalize CHIPS Act funding agreements
Two months later, TSMC was awarded $11.6 billion in CHIPS Act funding, made up of $6.6 billion in grants and an additional $5 billion in loans. The chipmaker was already constructing two plants in Arizona to produce 4nm and 3nm semiconductors but under the terms of the deal, TSMC agreed to build a third fab in the state.
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 ...
The rush is on to finalize CHIPS Act contracts among 20 companies that have already received preliminary grants worth $30 ...
Prominent chipmakers, including Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and GlobalFoundries Inc (NASDAQ:GFS), have ...
Now the company has fessed up to shipping $17 million worth of products to Chinese company SJ Semiconductor between February ...
It also comes as GlobalFoundries, majority owned by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co, is slated to ...
The US imposed a US$500,000 in mitigated penalty against GlobalFoundries for shipments of semiconductors to entity-listed ...
South China Morning Post on MSN5d
US penalises GlobalFoundries US$500,000 for shipping chips to Chinese firmThe US said on Friday it had imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest ...
The U.S. said on Friday it imposed a $500,000 penalty on New York-based GlobalFoundries , the world's third-largest contract ...
Morgan Stanley analyst Joseph Moore downgraded GlobalFoundries (GFS) to Equal Weight from Overweight with a price target of $43, down from $53.
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