Summary
The Biden administration finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) for its Arizona chip factories, securing CHIPS Act funding before President-elect Trump takes office.
TSMC plans to invest $65 billion in three Phoenix fabs, creating thousands of jobs and bolstering U.S. semiconductor production.
The funds, part of the $52.7 billion CHIPS Act, aim to reduce U.S. reliance on foreign-made chips.
Despite Trump’s criticism of the subsidies, the agreement is legally binding, ensuring continued progress on the largest foreign investment in U.S. manufacturing history.
When Trump is literally the only other option, yes it is. It’s incredibly desirable.
I literally said she’s better than Trump exactly so I don’t get told “but Trump”. Of course I fucking know she wasn’t going to be worse than Trump that’s not what I’m fucking talking about.
If not desirable, highly preferable at the very least.