He argued that offshoring allowed the U.S. semiconductor industry to create more high-paying jobs at home.

The White House is racing to finish grant agreements for chip manufacturers, but some of its biggest successes might be ...

The Biden administration has finalized Taiwan Semiconductor Manufacturing Company’s (TSM) Chips Act incentive funding to ...

Officials said the award is from the CHIPS and Science Act and is meant to support the expansion of TSMC’s microchip ...

TSMC will get a big chunk of its megabillion award from the White House to support its new Arizona factory by the end of this ...

The Biden administration has finalized its Chips Act incentive agreement with Taiwan Semiconductor Manufacturing (TSM).

Taiwan Semiconductor Manufacturing Co. Arizona is set to receive $1 billion of milestone-based awards by the end of 2024 from ...

Applied Materials Inc., the largest US maker of chip-manufacturing equipment, gave a disappointing revenue forecast, ...

Earlier this year, Biden introduced several preliminary grant agreements with companies, including TSMC, under the CHIPS Act.

The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...

President Biden just awarded TSMC $6.6 billion in CHIPS Act funding in a last-minute move before leaving office. In what ...

Applied Materials' balance sheet is strong, with a net cash position and long-dated debt maturities. It also generates good free cash flow, most of which it sends back to shareholders. Applied ...