TSMC Plans More Chip Plants in Europe

Bloomberg10-14

Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for artificial intelligence chips, according to a senior Taiwanese official, as the chipmaker ...

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TSMC said in an emailed statement it remains focused on its current global expansion projects and has no new investment plans at this time.TSMC, which is the world’s biggest chipmaker and produces most of its semiconductors in Taiwan, is spending tens of billions of dollars to set up new sites in the US, Japan and Germany.It broke ground in August on a €10 billion ($10.9 billion) chip fabrication plant in Germany’s Dresden for what will be its first factory in the European Union. About half of the funding for that project will be covered by state subsidies, with production slated to start by the end of 2027.Wu said the AI market, including chips for US-based Nvidia Corp. and Advanced Micro Devices Inc., 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.Separately, Wu said he expects Taiwanese chip firms to face further pressure to expand in the US regardless of the outcome of the presidential election in November. TSMC has so far pledged more than $65 billion to create three plants in Arizona.“Short term, maybe it’s painful for Taiwanese companies because it’s more expensive if they move over there,” he said. “But in the long run, maybe it’s good for them, from my point of view, because they can improve themselves.”","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":7,"commentSize":0,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.0","shortVersion":"4.29.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1106411532"}