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Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over

Fortune LogoFortune13h ago

Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over - Fortune

Quick Summary:

Only about 10% of the world’s semiconductors are manufactured in the U.S.


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Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over - Fortune (Picture 1)

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Article Details

Author / Journalist: Marco Quiroz-Gutierrez

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 09:08:00 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 13 words

Reading Time: 1 minutes read

Sentences: 30 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 23611434

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 12 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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The story "Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over" has 13 words across 30 sentences, which will take approximately 1 minutes for the average person to read.

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The story "Biden’s Commerce Department rushes to finalize $6.6 billion in chip subsidies to TSMC before Trump takes over" was covered 13 hours ago by Fortune, a news publisher based in United States.

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Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 12 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23611434
  • URL: https://beamstart.com/news/bidens-commerce-department-rushes-to-1731748684474

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