Summary
The Biden administration finalized a $6.6 billion award to Taiwan Semiconductor Manufacturing Company (TSMC) for its Arizona chip factories, securing CHIPS Act funding before President-elect Trump takes office.
TSMC plans to invest $65 billion in three Phoenix fabs, creating thousands of jobs and bolstering U.S. semiconductor production.
The funds, part of the $52.7 billion CHIPS Act, aim to reduce U.S. reliance on foreign-made chips.
Despite Trump’s criticism of the subsidies, the agreement is legally binding, ensuring continued progress on the largest foreign investment in U.S. manufacturing history.
Of course she’s better than Trump, but everything I’ve seen from her since the start of her campaign tells me Harris would’ve been a pretty bad president. Not really a desirable outcome.
When Trump is literally the only other option, yes it is. It’s incredibly desirable.
If not desirable, highly preferable at the very least.
Can you name one of her policies you thought was going to be bad?