LIMA, Peru -- The Biden administration has finalized its $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co., two months before president-elect Donald Trump returns to office.
Commerce Department rushes to get funding out the door in next two months

The CHIPS Act has been one of the signature policies of the Biden administration. © Reuters
LIMA, Peru -- The Biden administration has finalized its $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co., two months before president-elect Donald Trump returns to office.