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Re:TSMC Gets $11.6B in US Grants, Loans for Three Chip Fabs by amelius on Monday April 08, 2024 @07:49AM (#39968743)
By the way, doesn't competition law say anything about these gifts?
Re:TSMC Gets $11.6B in US Grants, Loans for Three Chip Fabs by Cthulhu_ on Monday April 08, 2024 @09:30AM (#39969539)
The OECD has a good writeup about this very subject: https://one.oecd.org/document/DAF/COMP/GF(2022)6/en/pdf

> This is however not the case and subsidies are, with a few exceptions, mostly assessed or controlled using multilateral rules and free trade agreements.

I haven't read the full thing because I'm no economist, but it seems to be above board. For comparison, Intel is getting $8.5 billion from the CHIPS Act (https://www.intel.com/content/www/us/en/newsroom/news/us-chi... I can't find other US based chip companies like NVidia or AMD getting any from that pot of money though, which is weird. Although NVidia doesn't need it, given how their stock price and valuation rocketed up.