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EU approves German state aid for $11B TSMC-led chip plant

Ursula von der Leyen (left), C.C. Wei (center) and Olaf Scholz
European Commission President Ursula von der Leyen (left) is pictured with TSMC CEO C.C. Wei (center) and German Chancellor Olaf Scholz, at the ground-breaking ceremony for the plant in Dresden. (BLOOMBERG)
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By:
Reuters
August 20, 2024 12:01 PM