Biden Announces Deal With Taiwan’s TSMC to Ramp Up US Chip Production
Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Biden Announces Deal With Taiwan’s TSMC to Ramp Up US Chip Production
Biden Announces Deal With Taiwan’s TSMC , to Ramp Up US Chip Production.
On April 8, the White House said that it has reached an agreement with TSMC to help build new semiconductor manufacturing facilities in Arizona, 'The Hill' reports.
.
The Biden administration will
provide up to $6.6 billion in funding
via the CHIPS and Science Act.
The president said that the money
will “support the construction of
leading-edge semiconductor manufacturing facilities right here in the United States.” .
Funding would also go toward
training local workforces at the new facilities.
A year and a half ago, I toured
the site of TSMC’s first new
fab in Phoenix, Arizona, President Joe Biden, via statement.
TSMC’s renewed commitment
to the United States, and its
investment in Arizona.., President Joe Biden, via statement.
... represent a broader story for
semiconductor manufacturing that’s
made in America and with the strong
support of America’s leading technology firms
to build the products we rely on every day, President Joe Biden, via statement.
America's ability to produce its own microchips remains a key area of concern for Biden.
The CHIPS and Science Act, which was passed
with bipartisan support in 2022, is intended to
make the U.S. less dependent on foreign suppliers.
The White House has also made
agreements with Intel, GlobalFoundries
and Bae Systems, 'The Hill' reports.
The Pentagon has confirmed it is conducting a “capability review” to reassess whether military aid to Ukraine aligns with America’s shifting defense priorities. Chief spokesperson Sean Parnell said the U.S. is taking a hard look at promised weapons deliveries — some of which are now halted — to ensure national interests come first. The move follows the White House’s decision to stop key shipments of air defense ammunition, artillery shells, and missiles previously pledged under the Biden administration.
With President Trump’s “America First” policy reshaping foreign aid strategy, the Pentagon appears to be pivoting away from prolonged foreign entanglements. Ukrainian officials have slammed the halt as betrayal, warning it weakens their resistance against Russia’s advances. Meanwhile, analysts say this could signal a major realignment in U.S. global commitments — and a boost for Russian military strategy. Is Washington walking away from Kyiv?
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Tensions between the United States and Iran have escalated once again after Tehran suspended cooperation with the International Atomic Energy Agency (IAEA) following US and Israeli strikes on its nuclear facilities. US State Department spokesperson Tammy Bruce called Iran’s move "unacceptable" and urged Tehran to resume full cooperation under the Nuclear Non-Proliferation Treaty (NPT).
In this video, we break down what led to the latest nuclear standoff, the implications of Iran possibly exiting the NPT, the frozen US-Iran nuclear talks, and what Donald Trump and Biden are saying about sanctions and diplomacy. Will Iran return to the negotiating table, or are we on the brink of a new nuclear crisis?
Stay tuned as we unpack the geopolitical stakes, regional fallout, and what this means for global non-proliferation efforts.
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