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

Hanson Pledges to Scrap SBS, Make ABC a Subscription Service

The Australian Broadcasting Corporation (ABC) logo adorns the top...

GM Defense, Lockheed Martin Sign Agreement to Bolster US Defense Manufacturing

A U.S. Air Force Lockheed Martin F-35A Lightning II...

Stanford Students Walk Out of Graduation Ceremony in Protest During Google CEO Sundar Pichais Speech

Stanford University in Stanford, Calif., on Aug. 17, 2019....

One Nation Says Pacific Nations Cant Take Australian Aid and Chinas Money

Australian Prime Minister Anthony Albanese (R) reacts as Papua...