TSMC Collaborates with Biden Administration on CHIPS Act Funding Guidance

On April 10th, 2023, Taiwan Semiconductor (NYSE:TSM) announced that it was collaborating with the Biden Administration to receive guidance on its application for funding under the U.S. CHIPS Act. The company stated that it was communicating with the U.S. government regarding the relevant subsidy legislation. Additionally, Taiwan’s Economy Minister Wang Mei-hua revealed that the country’s…