TSMC plans more chip plants in Europe, Taiwan official says

Quick Summary:

TSMC is planning more plants in Europe with a focus on the market for AI chips, according to a senior Taiwanese official.

Wu said the AI market, including chips for US-based Nvidia and Advanced Micro Devices, will be the most important segment, while other semiconductor companies with alternative designs may also offer opportunities for TSMC.“Maybe they can work on the European market as well, so TSMC is looking for that for planning their next few fabs,” he said, adding that the company will need to evaluate whether to expand in Dresden or build in other parts of the EU.

About half of the funding for that project will be covered by state subsidies, with production slated to start by the end of 2027.

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Article Details

Author / Journalist: Bloomberg

Category: Technology

Markets: Hong KongChinaGermanyJapanTaiwan

Topics: Dresden Taiwan Semiconductor Chips Taiwanese Tsmc Planning Maker Market Chip Europe

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 10:59:33 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 308 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23030680

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