About 25 data center projects that would consume around 5 gigawatts of power total are undergoing engineering studies in Exelon unit Commonwealth Edison Co.’s territory.
The Commerce Department will award Micron the grants to help pay for their domestic factory projects -- part of an effort to bring semiconductor production back to the US. Intel and TSMC have also been given grants.
Finding ways to head off a projected tripling of energy use is paramount if artificial intelligence is going to achieve its promise, said Arm Holdings CEO Rene Haas.
While the exact power supply and size remains uncertain, Blackstone estimates the site could accommodate a facility of as much as 750 megawatts, which would make it Europe’s largest.
TSMC’s award marks another milestone in Biden’s push to boost the US semiconductor industry with the 2022 Chips and Science Act. It’s one of the largest announced under the program.