The Taiwan chip giant is reportedly considering handing its CHIPS Act grants back to the US administration, given their pursuit of getting equity in the company. TSMC Could ‘Refund’ the $6.6 Billion in CHIPS Act Subsidies If the Trump Administration Decides to Take a Stake For those unaware, the Trump administration had been considering taking equity stakes in beneficiaries of the CHIPS Act, which include firms like TSMC, Intel, Micron, Samsung, and others. The government apparently sees the Biden-era incentive scheme as a ‘free-money’ distributing mechanism, and wants something from the beneficiaries in return. However, based on a report by […]
Read full article at https://wccftech.com/tsmc-reportedly-mulls-returning-us-chips-act-grants/