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US offers TSMC up to $6.6bn in CHIPS Act grants for three Arizona fabs

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The US Commerce Department signed preliminary terms on 8 April 2024 for up to $6.6 billion in CHIPS Act direct funding and about $5 billion in loans for TSMC in Phoenix, Arizona. TSMC raised its planned investment to more than $65 billion across three fabs: 4nm in Fab 1, 2nm and 3nm in Fab 2, and 2nm or more advanced in Fab 3.

Why it matters

Leading-edge chips of the kind used in AI accelerators would be made in the US, reducing US buyers’ dependence on fabs in Taiwan.

When
8 Apr 2024
ID
WTA-N-2024-0093
Who
Department of Commerce, TSMC, CHIPS Program Office; Gina Raimondo

Summary by wheresthe.ai, from U.S. Department of Commerce. Checked against the source on 9 Oct 2026.

Source copy: download the page as saved on 21 Oct 2026 (PDF). Also held by the Internet Archive.

Next stop on this Storyline: Led toTSMC pledges another $100bn in Arizona, taking its US plan to $165bn

Data to measure this

Compare the years before 2024 with the years since in these series.

  • BACI product-level trade databaseCEPIIHarmonised annual bilateral trade for about 5,000 HS6 products among about 200 countries, including chips.Years: 1995-present · annual · download · CSV · Covers before and after
  • UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.monthly · api · CSV, JSON, API

All data for United States

Cite this story

WTA-N-2024-0093: “US offers TSMC up to $6.6bn in CHIPS Act grants for three Arizona fabs.” wheresthe.ai, 8 Apr 2024. https://wheresthe.ai/d/us-chips-tsmc-arizona-6-6bn-2024-04/ (source: U.S. Department of Commerce).

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