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Slow EU approval delays Intel and TSMC subsidies under European Chips Act

Amanda Liang, Taipei; Judy Lin, DIGITIMES Asia Monday 29 July 2024 0

Credit: AFP

In March and April 2024, Intel and TSMC received substantial subsidies of US$8.5 billion and US$6.6 billion respectively for building plants in the US under the CHIPS and Science Act. Meanwhile, the European Chips Act, designed to bolster Europe's semiconductor...

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