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TSMC gets $11.6B in US grants and loans; will open 3rd Arizona chip plant


Apple chipmaker TSMC has announced plans to open a third Arizona chip plant, in addition to the two already under construction. This will be the most advanced of the three plants, making 2nm chips.

The expansion plan appears to have been part of a deal for the company to receive a total of $11.6B in US grants and loans …

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