"Today's final agreement with TSMC - the world's leading manufacturer of advanced semiconductors - will spur $65 billion dollars of private investment to build three state-of-the-art facilities in Arizona and create tens of thousands of jobs by the end of the decade.... The first of TSMC's three facilities is on track to fully open early next year," President Joe Biden said in a statement.
"According to a Canadian research firm, Huawei was discovered using TSMC chips for its artificial intelligence accelerators, violating US government sanctions. TSMC denied any working relationship with Huawei and ceased shipments to the client that may have been illegally sending its chips to Huawei."
"TSMC decided to stop producing advanced AI chips for its Chinese clients, reportedly wanting to demonstrate to the US government that it's 'not acting against US interests.'"
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