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

Digitimes
By Jack WuJul 29, 2024, 12:29 am373 ptsTop
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 the US's approach with the European Chips Act, yet to…

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