this post was submitted on 18 Sep 2024
374 points (98.7% liked)

Technology

60075 readers
3535 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] ShittyBeatlesFCPres@lemmy.world 47 points 3 months ago (1 children)

Because the U.S. government gave them $6.6 billion to do it under the CHIPS Act: https://www.reuters.com/technology/tsmc-wins-66-bln-us-subsidy-arizona-chip-production-2024-04-08/

With TSMC, it’s insurance against China invading Taiwan but Intel (and probably everyone else) got a load of subsidies too. After the chip shortage during the pandemic and Russia invading Ukraine, chip production became a national security issue.