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WASHINGTON/TAIPEI -- Buttressed by a U.S. federal grant of $6.6 billion, Taiwan Semiconductor Manufacturing Co. has agreed to increase its U.S. investment by more than 60% to over $65 billion and produce the world's most advanced 2-nanometer chips on American soil.
KUMAMOTO, Japan -- Taiwan Semiconductor Manufacturing Co., the world's biggest contract chip maker, has expanded collaboration with Japanese universities amid growing concern over a shortage of workers for its brand-new chip factory in Kumamoto.
TSMC's Arizona subsidiary is set to receive up to $6.6 billion in U.S. government funding under a preliminary agreement announced by the Joe Biden administration on Monday.
WASHINGTON (AP) — China’s burgeoning production of electric cars and other green technologies has become a flashpoint in a new U.S.-China trade fight, highlighted by Treasury Secretary Janet Yellen during her five-day visit to China and seized on by former President Donald Trump in incendiary remarks on the campaign trail.
BEIJING (AP) — The Biden administration will push China to change an industrial policy that poses a threat to U.S. jobs, Treasury Secretary Janet Yellen said Monday after wrapping up four days of talks with Chinese officials.
GUANGZHOU, China (Reuters) -- U.S. Treasury Secretary Janet Yellen said on Saturday that she and Chinese Vice Premier He Lifeng agreed to launch exchanges on balanced economic growth, an effort partly aimed at addressing U.S. concerns about China's excess manufacturing capacity.
TOKYO (AP) — Japanese Prime Minister Fumio Kishida visited a new semiconductor plant for which his government has pledged more than 1 trillion yen ($7 billion) of support to secure a steady supply of chips on Saturday.
GUANGZHOU, China (AP) — As U.S. Treasury Secretary Janet Yellen appeals to Chinese leaders to change their domestic manufacturing policies on the second day of an official visit, state media are receiving her message with skepticism, and anxiety about more U.S. tariffs on green energy products.