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Biden locks in $6.6B for huge TSMC chip factories in Arizona, ensuring Trump can’t rescind CHIPS Act deal

WASHINGTON – The Biden administration has finalized a $6.6 billion award for the Taiwan semiconductor giant that is building massive factories in Phoenix, amid concerns President-elect Donald Trump will derail subsidies aimed at fostering the domestic chip industry. CORRECTION: An earlier version of this story misspelled the name of Secretary of Commerce Gina Raimondo. The […]

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