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China and Japan gave TSMC over $1.5 billion in subsidies to build and equip new fabs as US CHIPS Act payouts stall.
More money, more fabs.
In total, TSMC got around $1.51 billion in government grants from China and Japan, which it used to build and equip its fabs, notes TrendForce. What's worse is that the company delayed equipment installation for Fab 21 phase 2 due to a lack of U.S. subsidies and uncertainties with demand. As a result, the Fab 21 phase 2, which is believed to be capable of making chips on 3nm-class technologies, will now come online in 2027 or 2028, significantly later than originally expected.
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