Biden administration announces $6.6 billion to ensure leading-edge microchips are built in the US

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WILMINGTON, Del. (AP) — The Biden administration pledged on Monday to provide up to $6.6 billion so that a Taiwanese semiconductor giant can expand the facilities it is already building in Arizona and better ensure that the most-advanced microchips are produced domestically for the first time. Chase to share customer data with advertisers CC Share Subtitles Off English view video Chase to share customer data with advertisers Commerce Secretary Gina Raimondo said the funding for Taiwan Semiconductor Manufacturing Co. means the company can expand on its existing plans for two facilities in Phoenix and add a third, newly announced production...