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Taiwan's GlobalWafers says it received no notifications about changes to US subsidies

ReutersFeb 14, 2025 7:06 AM

- Taiwan's GlobalWafers 6488.TWO has not received any notifications indicating upcoming modifications to agreed subsidies under the U.S. CHIPS Act, CEO Doris Hsu said on Friday.

"The current status is that the CHIPS Act remains unchanged, and GlobalWafers has secured contracts worth $406 million. At present there have been no notifications there are to be modifications," Hsu told reporters at an event in Taiwan's chip hub of Hsinchu.

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