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Re:TSMC Gets $11.6B in US Grants, Loans for Three Chip Fabs by aurareturn on Monday April 08, 2024 @07:26AM (#39968601)
The Biden administration sees it as 2 birds with 1 stone.

Intel and TSMC are investing in swing states. It matters to Biden when it comes to the election.

The second is that the US genuinely wants chip fabs in US in case war breaks out.

It's most definitely inefficient use of dollars for mega corporations.

Re:TSMC Gets $11.6B in US Grants, Loans for Three Chip Fabs by senectus1 on Monday April 08, 2024 @09:37AM (#39969594)
Without a doubt the biggest reason here is to ensure the tech is capable on their homeland. having most of modern tech being build in China/Taiwan and Japan is a HUGE security risk for US (and other "wesetrn countries")