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TSMC strikes $11.6bn deal with White House to expand AZ plans

By Josh White

Date: Monday 08 Apr 2024

(Sharecast News) - TSMC, the world's largest chipmaker, has struck an $11.6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday.
The agreement entailed constructing cutting-edge facilities in Arizona by 2028.

According to the Financial Times, the deal would...

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