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Fortune
Fortune
Nicholas Gordon

UNCOVERED: Tsmc seeks 15b in u s support despite unacceptable conditions - The Untold Story

TSMC Chairman Mark Liu speaks behind a podium (Credit: Brendan Smialowski—AFP via Getty Images)

Taiwan Semiconductor Manufacturing Company, the world’s leading producer of advanced chips, is not so happy about some of the strings attached to U.S. government funding, even as it asks officials for billions of dollars to finish its $40 billion project in Arizona.

TSMC is seeking a total of $15 billion in U.S. government support, reports the Wall Street Journal citing those familiar with the company’s plans. The chipmaker already expects around $7 billion to $8 billion in tax credits, and could ask for as much as $7 billion in grants.

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