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US offers TSMC up to $6.6bn in CHIPS Act grants for three Arizona fabs
See how this story connectsThe 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- Where
- United States, Taiwan
- 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.
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.
- UN ComtradeUnited Nations Statistics Division · paidBilateral goods trade by reporter, partner and product code, for example HS 8542 integrated circuits.
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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