U.S. offers TSMC up to $6.6 billion for Arizona factories as Biden pushes for chip security

The Taiwanese multinational semiconductor company is also eligible for around $5 billion in proposed loans under the CHIPS Act ... TSMC's move in Arizona, the largest such foreign investment ... Read More

New Marine One helicopters the US spent $5 billion on aren't allowed to carry the president because they could scorch the lawn

The new Marine One helicopters, part of a program that the US spent $5 billion on, still can't carry President Joe Biden because there's still a risk they will scorch the White House lawn ... Read More

TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants

The US plans ... as $5 billion in loans to help the world’s top chipmaker build factories in Arizona, expanding President Joe Biden’s effort to boost domestic production of critical technology. Read More

TSMC wins $6.6 bln US subsidy for Arizona chip production

WASHINGTON, April 8 (Reuters) - The U.S. Commerce Department ... Arizona and up to $5 billion in low-cost government loans. TSMC agreed to expand its planned investment by $25 billion to $65 ... Read More

Biden to give Taiwan’s TSMC $6.6 billion to ramp up US chip production

The US government plans to give $6.6 billion ... called the investment “unprecedented” in a statement, noting that its US customers include several of the world’s leading technology companies. Read More

Microsoft-backed Rubrik targets up to $5.4 bln valuation in US IPO

opens new tab cybersecurity software firm Rubrik said on Tuesday it was targeting a valuation of up to $5.44 billion in its U.S. initial public ... a two-year lull. Technology companies have ... Read More

Fashion World Shaken as U.S. Regulators Halt Tapestry’s $8.5 Billion Acquisition

Tapestry, the parent company of American fashion brand Coach, faced a roadblock from U.S. regulators in its bid to acquire Capri Holdings, which owns brands such ... TPG Plans to Raise $5 Billion ... Read More

TSMC Will Receive $6.6 Billion to Bolster U.S. Chip Manufacturing

It was unveiled a few weeks after President Biden announced that Intel, another major chipmaker, would receive $8.5 billion ... worried U.S. officials. New generations of production technology ... Read More

China’s ICBC Plans $5.5 Billion Sale of Loss-Absorbing Bonds

Industrial and Commercial Bank of China Ltd. is planning to issue as much as 40 billion yuan ($5.5 billion ... marking the first such debt sale from the country’s largest state-owned lenders. Read More

TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants

(Bloomberg) -- The US plans to award Taiwan Semiconductor Manufacturing Co. $6.6 billion in grants and as much as $5 billion ... s effort to boost domestic production of critical technology. Read More

Microsoft-backed Rubrik targets up to $5.4 billion valuation in US IPO

Microsoft-backed cybersecurity software firm Rubrik said on Tuesday it was targeting a valuation of up to $5.44 billion in its U.S. initial public ... a two-year lull. Technology companies have ... Read More