TSM stock and US government sign a $5 billion deal

The rise of artificial intelligence has significantly increased the demand for semiconductor chips and their necessary components. Taiwan Semiconductor Manufacturing (NYSE: TSM) is a significant supplier, most notably for Apple (NASDAQ: AAPL).The US government provides Taiwan Semiconductor Manufacturing with over $5 billion in federal grants to enhance its production capacity and relocate operations from Taiwan to the United States. This funding will facilitate the establishment of a chipmaking facility in ...