TSMC-Backed U.S. Fund Targets Chip, Robotics, And Hardware Startups With New $300M Fund Backed By Kleiner Perkins And Other Investors
Portfolio Pulse from Benzinga Newsdesk
A new $300 million fund backed by TSMC and other investors, including Kleiner Perkins, is targeting chip, robotics, and hardware startups. This initiative aims to foster innovation and growth in these sectors.

June 07, 2024 | 4:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
TSMC is backing a new $300 million fund aimed at chip, robotics, and hardware startups, which could drive innovation and growth in these sectors.
TSMC's involvement in the new fund indicates a strategic move to foster innovation in the chip, robotics, and hardware sectors. This could lead to new business opportunities and technological advancements, positively impacting TSMC's growth and market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100