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Trump administration official says some CHIPS Act companies won't need to give up equity
Unlike Intel, TSMC will reportedly not have to give up any equity to the US government after receiving funds under the CHIPs Act.
However, TSMC may have noticed the Intel equity kerfuffle and executives reportedly held preliminary discussions about handing back subsidies if the US government asks to become a shareholder, according to the WSJ's sources. However, the company recently said it would invest another $100 billion over the next four years to build three more fabrication plants, two advanced packaging facilities and a major research and development center. Because of that extra investment, the Trump administration won't ask for a piece of TSMC or Micron (which also expanded its US facilities in Idaho, New York and Virginia).
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