Chip War

U.S. set to allow South Korean and Taiwanese companies to upgrade fab operations in China using American wafer fab tools.

The US CHIPS Act, the measure that oversees the distribution of around $280 billion in funding for semiconductor-related pursuits, may not have as secure a funding guarantee as previously thought.

TSMC founder Morris Chang took part in a public discussion today, commenting for the first time that he supported the US Chips Act and efforts to slow Chinese semiconductor developments.

Intel, TSMC and others are sniping at each other in meetings and filings as they attempt to obtain funding from the US CHIPS and Science Act.

Taiwan has passed its version of the Chips act, letting chipmakers take 25% of yearly research and development costs and turn them into tax credits.

Taiwanese government warns about an economic slowdown because of Chinese lockdowns and U.S. sanctions against China.

SIA report says U.S. needs public funding to stay ahead of the pack

Taiwan unveils 25% tax break for R&D, 5% tax break for local manufacturing.

The Taiwanese government has formulated an understandable reaction to the flight of semiconductor investments, with the "Industrial Innovation Act" set to provide 25% tax breaks on R&D.