Biden locks in $6.6B for TSMC chip factories, ensuring Trump can’t rescind CHIPS Act deal
Biden locks in $6.6B for TSMC chip factories, ensuring Trump can’t rescind CHIPS Act deal
Summary
The Biden administration finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) for its Arizona chip factories, securing CHIPS Act funding before President-elect Trump takes office.
TSMC plans to invest $65 billion in three Phoenix fabs, creating thousands of jobs and bolstering U.S. semiconductor production.
The funds, part of the $52.7 billion CHIPS Act, aim to reduce U.S. reliance on foreign-made chips.
Despite Trump’s criticism of the subsidies, the agreement is legally binding, ensuring continued progress on the largest foreign investment in U.S. manufacturing history.
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Good to see in the run up to what the Dems said would be the end of democracy in America, Biden's priorities are...
Giving billions to a foreign corporation?
Oh, stfu dude. You clearly don't know what the fuck you're talking about. Your ignorance is showing.
He knows, he just chooses the worst take every time. How else to sow discontent?
Oh I know, I'm just tired of this stupid fuck.
It doesn’t just create thousands of domestic jobs and reduce the cost gap between Taiwanese and Chinese semiconductors, it also ensures a financial pipeline for Taiwan.
They’ll need all the help they can get once Trump pulls US support ships out of the Taiwan Strait, allowing Chinese control of Taiwanese ports once again.
What exactly would you have Biden do with a person that was elected fair and square by the American people? They are politicians. They are bound by the system. He gave us fair warning.
Surviving it is up to us now.
Well fair and square might be cutting Trump too fair a deal. He talked big about election rigging right before the vote - and one of the core tenants of the GOP is projection, so I don't doubt he was up to some scummy shit same as last time.
I mean, I would expect him to have seditious traitors executed.
Not waste four years so this could happen...
Not appoint fucking Garland as AG...
Like, you're acting like it's been "too late" since Biden took office, which makes no sense to me.
He wasted four years, held zero people accountable, then said it's too late to do anything.
It's not this one topic, that's how"moderates" always govern. Fear monger and then refuse to fix anything.
It's literally the same playbook Republicans used for decades. Do you honestly not remember what happened when Republicans went down this path?
You were talking about the run up to the end. You're moving goalposts. Would you like to try to redo this so that you stay on topic, or do you want to complain?
I don't care either way, you're a useless person to me. But I thought you might want to try to at least make it look like you've got a real problem with this specific thing rather than just being miserable and trying to make everyone around you miserable as well.