Work in progress — Funding comes after significant delays at Arizona's other fabs. Enlarge / The TSMC facility in Phoenix, Arizona. The US Department of Commerce has proposed another round of CHIPS Act funding up to $6.6 billion for Taiwan Semiconductor Manufacturing Company (TSMC), which President Joe Biden hopes will "support the construction of leading-edge semiconductor manufacturing facilities right here in the United States." With this award—which includes additional funding up to $5 bi...