Biden Cements TSMC Grant Before Trump Takes Over
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The White House is finalizing grant agreements for chip manufacturers, including TSMC, before the Trump administration takes over. This move aims to secure the current administration's achievements in the semiconductor industry.
November 15, 2024 | 10:15 am
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TSMC is set to benefit from the White House's rush to finalize grant agreements for chip manufacturers. This could secure funding and support for TSMC's operations in the US.
The White House's efforts to finalize grant agreements before the Trump administration takes over could provide TSMC with financial support and stability in the US market. This is likely to have a positive short-term impact on TSMC's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80