Biden Urges Congress to Pass Chips Bill as Global Shortage Persists [Business News Network (BNN) (Canada)]
Taiwan Semiconductor Manufacturing Company Ltd. (TSM)
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm
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Source: Business News Network
legislation that would provide $52 billion for chip research and manufacturing in the U.S. amid a global shortage. “I want other cities and states to be able to make announcements like the one being made here today,” Biden said Friday at the White House, flanked by Intel Chief Executive Officer Pat Gelsinger. “And that's why I want to see Congress pass this bill right away and get it to my desk.” The Biden administration has been pushing to bring more chip manufacturing to the U.S. to alleviate a shortage that stems from increased demand and supply chain kinks linked to the pandemic. But there have been few tangible results. A lack of chips has caused production delays for consumer electronics and automobiles, and led to furloughs. The price for used cars, in large part due to a shortage of chips, continues to be a component of surging inflation. Biden's comments came after Intel said Friday it plans to spend $20 billion on a chipmaking hub on the outskirts of Columbus, Ohio,
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TSM
Earnings
- 1/19/24 - Beat
TSM
Sec Filings
- 4/12/24 - Form 6-K
- 4/10/24 - Form 6-K
- 4/8/24 - Form 6-K
- TSM's page on the SEC website