Speaking to CNBC's Emily Tan in an exclusive interview, TSMC Chief Financial Officer Wendell Huang said the funding was expected to continue to roll in gradually under Trump as the fabrication plants pass construction and production milestones.
"As a matter of fact, in the fourth quarter, we already received the first batch of government support," Haung said, revealing the contract chip manufacturer had got $1.5 billion in funds.
Following some production delays, the first fabrication plant in Arizona started producing advanced chips in the fourth quarter of last year, Huang said. He added that the construction of two plants in Arizona was on track, with the second expected to be operational in 2028.