The Biden administration announced it will fund $6.6 billion in federal grants to the Taiwan Semiconductor Manufacturing Company (TSM), otherwise known as TSMC, totaling up to $65B in domestic chip operations. Yahoo Finance’s Seana Smith and Jared Blikre discussed the latest developments for the company in the AI chip space on April 8, 2024.
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Yahoo Finance, I really enjoyed watching this, so I hit the like button!
This will help shore up the NVIDIA risk of fabricating chips offshore. Any threat of oncoming risk to Taiwan will lessen the impact of not only NVIDIA but other accelerated computing companies.
At taxpayers’ expense of course. How many other chip makers got $0?
How do I get grants to fund my business?
Make the largest donations you can afford to State level politicians. If you can, form a partnership/corporation/whatever your lawyer and accountant recommend, bring in partners/investors, and make BIG donations.
Best investment you can make. Campaign donations (at least in New York State) pay off about 10:1.
Amazing how our taxes keep going up and this administration keeps spending money and we get less back on our tax returns. 100% master class on how to wipe out the middle class.
Trump started it.