The Biden administration is giving $6.6 billion to a semiconductor project run by the former CEO of Solyndra, the failed solar energy company at the center of an Obama-era scandal over government misspending.
Taiwanese chipmaker TSMC’s Arizona subsidiary, whose president is former Solyndra head Brian Harrison, will receive $6.6 billion to build a factory in Phoenix, Secretary of Commerce Gina Raimondo announced Monday.
Harrison was CEO of Solyndra when it declared bankruptcy in 2011 after receiving over $500 million in loans from the Obama administration.
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