pull down to refresh

US Dept. of Commerce funds 65,129 BTC deal with TSMC for chip plant const. In AZtheconstructionbroadsheet.com/commerce-finalizes-b-deal-with-tsmc-for-chip-plant-construction-p1909-174.htm
468 sats \ 6 comments \ @BlokchainB 13 Dec Construction_and_Engineering
USD/BTC = $101,399 Block 874,608
Construction underway for TSMC's Phoenix fabrication plants Image credit: TSMC Arizona
The United States Department of Commerce said Friday that it has awarded TSMC Arizona Corporation (TSMC Arizona) up to $6.6 billion of federal CHIPS and Science Act funding toward construction of three new semiconductor fabrication (fab) plants in Phoenix.
The estimated cost of all three plants is $65 billion, and, according to comments from President Joe Biden, the first plant is on track to open early next year.
This finalizes the April 2024 preliminary agreement reached between the Commerce Department and the chip manufacturer under the federal program.
In December 2022, when TSMC anticipated building only two Phoenix fabrication plants for an investment of $40 billion, the company said the two facilities could produce more than 600,000 wafers per year and that the project would include an onsite industrial water reclamation plant to help achieve almost zero liquid discharge
In addition, the department said that the CHIPS Program Office also will provide up to $5 billion of loans to TSMC Arizona. The CHIPS and Science Act includes a total loan authority of $75 billion.
Staggering numbers to bring chip production home for the military industrial complex
write
preview
related posts
87 sats \ 5 replies \ @Satosora 13 Dec
I think this is very stupid, because they will still have to ship their chips to Taiwan for them to be finished properly. So no matter what, we havent broken away from them. We are still completely dependent on them.
reply
20 sats \ 4 replies \ @BlokchainB OP 13 Dec
Such a shame
reply
92 sats \ 3 replies \ @Satosora 13 Dec
It was a good idea in the beginning, because what was promised was different. But now everything has to be shipped back to make the chips work. TSMC still has a monopoly on their chips.
reply
20 sats \ 2 replies \ @BlokchainB OP 13 Dec
I’m shocked by this! So USA has zero capacity to finish chips? Why even do these projects?
reply
47 sats \ 1 reply \ @Satosora 13 Dec
They had planned to build a certain type of chip. But by the time that the plant was finished, TSMC had upgraded their chip. So they built the plant for an obsolete chip. So it turns out that Taiwan is able to keep their monopoly and their "silicone shield".
reply
0 sats \ 0 replies \ @BlokchainB OP 14 Dec
Wow
reply