The Commerce Department has already announced two grants to individual companies under the Chips Act, with Arizona-based Microchip Technology receiving $162 million and the U.S. subsidiary of European defense contractor BAE Systems receiving $35 million. Biden last month also announced awards of up to $8.5 billion in grants and $11 billion in loans to tech giant Intel to support computer-chip production in several states.
"We're on a roll," Raimondo said on the call. "We have more to come."
The administration estimates that the TSMC investments will bring 20,000 direct construction jobs as the plants are built, as well as 6,000 high-tech jobs when they are completed. The funding includes $50 million that will go toward training and developing a local workforce that can work at the high-tech plants…
No comments:
Post a Comment