Lates News

The US government's plan to invest in chip companies has new implications. The Wall Street Journal reported on the 22nd that the US government currently has no plans to invest in companies that are increasing their investment in the US, such as TSMC and Micron. However, companies that have not committed to increasing investment may need to sell equity to obtain subsidies provided by the "CHIPS Act." The report cited a White House official as saying that the US government is considering investing in companies to obtain funding from the CHIPS Act in 2022, but does not plan to seek investment in large semiconductor companies that are increasing their investment in the US. Micron has promised to invest $200 billion in the US, while TSMC has also committed to reinvesting $100 billion (Global Times).