US, Taiwan Reach $500 Billion Chips Deal

Date:

A sample of a semiconductor chip made by Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at the Cybersec 2025 conference and expo in Taipei, Taiwan, on April 15, 2025. I-Hwa Cheng/AFP via Getty ImagesThe U.S. Commerce Department announced a massive U.S.-Taiwan chips deal on Jan. 15, which is expected to go a long way in reshoring American semiconductor manufacturing.It includes a minimum of $250 billion in direct investment from Taiwanese tech enterprises in chips, energy, and artificial intelligence innovation in the United States, as well as credit guarantees by the Taiwanese government for another $250 billion in other Taiwanese investments to expand the chip supply chain in the United States.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Chinese Regime Bans XChat Along With Reports of Its Launch, Residents Say

People walk in a square in Guangzhou, Guangdong Province,...

US Coast Guard Spots Overturned Vessel Near Saipan During Search for Missing Ship With 6 on Board

A U.S. Coast Guard HC-130 Hercules airplane crew assigned...

Police in Trinidad and Tobago Investigate After 56 Bodies Found Dumped at Cemetery

Police tape in a stock photo. Carl Ballou/ShutterstockPORT OF...

Iranian Diplomat Says US Must Retract Maximalist Nuclear Demands for Peace Talks to Proceed

A woman walks past a digital screen displaying news...