ALBAWABA - Taiwan Semiconductor Manufacturing Company (TSMC) and the U.S. Department of Commerce have reportedly reached a $6.6 billion financing deal to promote local semiconductor manufacturing. The agreement, marks the first major award of the $52.7 billion CHIPS and Science Act of 2022, and considered a significant step in strengthening American semiconductor security and lessening dependency on foreign chipmakers, according to CNA. This agreement comes just weeks before President Elect ...