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TSMC to receive $6.6 billion grant from United States government to help boost production

TSMC is about to get a hefty chunk of funding from the United States government. The United States Commerce Department on Monday announced that it will be allocating a $6.6 billion subsidy to chip manufacturer TSMC for the advancement of semiconductor production in Phoenix, Arizona. TSMC will also receive $5 billion in loans and be […]

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TSMC’s second Arizona plant could face years-long delays, not open until 2028

TSMC’s second Arizona-based manufacturing plant could face delays of up to two years and no longer produce the promised 3-nanometer chips. TSMC’s second plant in the state was announced in 2022 with the company increasing its investment from $12 billion to $40 billion for the new factory’s development. This plant was specifically said to be […]

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Apple settles Irish tax dispute via $15 billion lump sum payment

Getting ahead of an upcoming 2016 tax ruling, Apple has paid the equivalent of more than $15 billion to the Irish government to settle claims of underpayment of tax to the European Union. The company’s 13.1 billion euro outstanding balance of its disputed balance to the government of Ireland, according to the country’s finance mirror. […]

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Apple to pay $30 billion tax bill on overseas cash, look into second campus site

Apple is about to pay a fairly huge tax bill of $38 billion on its overseas cash. The company said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan. Apple has also said […]

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Black Friday 2017 roundups begin to go live, savings on Apple products abound

It’s that time again. With Black Friday underway, the savings abound and the cool cats at AppleInsider have published a pretty huge roundup of deals from assorted Apple authorized resellers. The lineup includes Macs, iPads, iPhones, Apple Watched, Apple TV 4K units, headphones, drones and other accessories and notes no sales tax within the lower […]