CHIPS Act could see Intel take lion’s share, with TSMC Arizona plant a lower priority

The scale of subsidies for the TSMC Arizona plant are in doubt as it becomes clear that the $52B CHIPS Act grants won’t go far, and Intel is angling to take the largest slice of the pie.

TSMC has previously said that the subsidy for American chip manufacturing was “vital” to its Arizona plant, which has been expected to begin US production of Apple’s A-series and M-series chips from 2024 …

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