TSMC's CHIPS Act Money

At the end of my video on TSMC’s experiences in Japan, I wrote: As for TSMC Arizona, that fab will eventually make chips. Local news just reported that they added their last steel beam in February 2024. But as Mark Liu said, the future depends on the size of the subsidy. If TSMC wants 40% support like with Japan on a $40 billion project, that's $16 billion in subsidies. Will the administration want the PR optics of giving $16 billion of taxpayer money to a foreign company in an election year?May...