TSMC Gets $11.6 Billion in US Grants, Loans for Three Chip Fabs - Taiwanese TSMC will be investing more than $65 billion. They will build the first 2nm chip plant in the world, putting the US at the forefront of the AI boom. The US government has been on a shoping spree recently, deploying capital made available via the 2022 Chips and Science Act totaling $114 billion. Intel is to receive $20 billion, Samsung of South Korea $6 billion, with other announcements still to come. www.bloomberg.com #