The Biden administration is giving Taiwan Semiconductor Manufacturing Company (TSMC) $6.6 billion in funding to open a new microchip manufacturing plant in Arizona. TSMC is the largest semiconductor company in the world and Taiwan leads the world in semiconductor exports.
, also known as microchips, are necessary to make electronic devices like smartphones, computers and advanced medical diagnostic equipment function. The COVID-19 pandemic led to aSusan texted VERIFY to ask if President Joe Biden is giving a Chinese company $6.6 billion to open up a chip manufacturing plant in Arizona .The Biden administration is giving the Taiwan-based Taiwan Semiconductor Manufacturing Company $6.
TSMC is the largest semiconductor company in the world and Taiwan leads the world in semiconductor exports. According to theconsiders Taiwan “a key U.S. partner” with which it has “a robust unofficial relationship.” While the U.S. does not officially support Taiwanese independence, the U.S.
Biden TSMC Chip Manufacturing Arizona Funding Semiconductor
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