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TSMC secures $5B in US CHIPS grants U.S. CHIPS grants: $39 billion + $75 billion (loans and loan guarantees) Samsung Electronics, Intel, Micron, and others expected to receive grants Taiwan's TSMC is expected to receive more than $5 billion in subsidies under the U.S. Semiconductor Support Act (CHIPS). Samsung Electronics, Intel (INTC: US), and Micron (MU: US) are also expected to benefit from the subsidies. The CHIPS Act will provide $39 billion in direct payments and $75 billion in loans and loan guarantees, with $28 billion of the $39 billion going to advanced semiconductor production lines. CHIPS grants The problem is that the direct subsidy payments from the U.S. Semiconductor Support Act (CHIPS) are $39 billion, while semiconductor companies have applied for more than $70 billion, making it difficult to fully fund the program. Samsung is reportedly discussing additional investments in the U.S., pledging to invest more. TSMC is investing about $40 billion to build two semicond