The Department of Commerce emphasized that the $6.6 billion in CHIPS Act funding is crucial for TSMC's $65 billion investment in advanced manufacturing in Arizona, aiding economic and national security.
This investment is pivotal in ensuring a reliable domestic supply of semiconductors, which are essential for AI advancements, consumer electronics, automotive, and high-performance computing.
The probe into TSMC could significantly affect its CHIPS funding, particularly if concerns arise about TSMC's involvement with foreign companies like Huawei, potentially violating national security regulations.
The funding is intended to boost TSMC's capabilities, supporting major companies like Apple and Nvidia, while maintaining the U.S.'s competitive edge in the global semiconductor market.
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