In a major step towards establishing a sustainable semiconductor supply chain in the United States over the course of this decade, the Biden-Harris Administration announced today that it has signed a preliminary memorandum of terms with the Taiwan Semiconductor Manufacturing Company (TSMC) to set up three new chip manufacturing plants in the U.S. TSMC, the world's largest contract chip manufacturer, had announced to build two facilities in the U.S. capable of manufacturing chips with feature sizes as small as 2-nanometers. Today's announcement also features a third new chip plant that will be dedicated to making chips with 2-nanometer or advanced […]
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