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TSMC will receive $5 billion incentive from U.S. for Arizona fab: Report
That's a lot of money!
TSMC is poised to receive a federal incentive exceeding $5 billion for its site in Arizona, according to a Bloomberg report that cites sources familiar with the matter. The U.S. government is not yet ready to announce the incentive because it has to be finalized with the world's largest contract maker of chips, but the sum looks very significant. Consequently, Fab 21 phase 2, which was expected to come online in 2025, is now anticipated to begin operations sometime in 2027 or 2028, a considerable deviation from the original schedule.
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