Apple chipmaker TSMC should be a lower priority for CHIPS Act cash, says Intel

Intel has argued that, as a US company, it should get higher CHIPS Act subsidies than US chip plants owned by foreign companies like Apple chipmaker TSMC – even if its own plants sit empty.
TSMC, which is in line to receive subsidies for its Arizona plant, has hit back at the argument, stating that allocating cash by company HQ location would not be an efficient use of the money…more…
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