April 1, 2024effective dateTechnologyManufacturingNational SecurityTechnologyManufacturingEconomy
Biden's Commerce Department announces CHIPS Act fab awards for TSMC, Intel, Samsung, and Micron
Commerce Dept announces preliminary agreements: TSMC Arizona ($6.6B), Intel ($8.5B across OH/AZ/NM/OR), Samsung Texas ($6.4B), Micron ($6.1B for NY/ID). Combined $28B+ in direct funding for fabs representing ~$250B in private investment. Trump administration inherits these contractually obligated awards and continues disbursement.