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EU subsidies for fab construction progressing slowly; both TSMC and Intel yet to be approved

Amanda Liang, Taipei; Jack Wu, DIGITIMES Asia Monday 29 July 2024 0

Credit: AFP

In March and April 2024, the implementation unit of the US CHIPS and Science Act and the US Department of Commerce announced that Intel and TSMC received US$8.5 billion and US$6.6 billion in subsidies for fab construction, respectively. The EU has emulated...

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