Taiwan Chipmaker TSMC Approves $3.8 Billion Germany Factory Plan

CNA2023-08-08

Taiwan Semiconductor Manufacturing Co said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany.The world'...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Miker9110
2023-08-09
Miker9110
G
Kcler
2023-08-08
Kcler
Why would they build there, when all the energy cost will be so expensive due to the on going war?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2357021074?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-08-08 19:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2357021074","market":"us","top_or_hot":-1,"title":"Taiwan Chipmaker TSMC Approves $3.8 Billion Germany Factory Plan","media":"CNA","content":"<div>\n<p>Taiwan Semiconductor Manufacturing Co said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany.The world'...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/taiwan-chipmaker-tsmc-approves-38-billion-germany-factory-plan-3685546\">Source Link</a>\n\n</div>\n","source":"can_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Taiwan Chipmaker TSMC Approves $3.8 Billion Germany Factory Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTaiwan Chipmaker TSMC Approves $3.8 Billion Germany Factory Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-08 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/business/taiwan-chipmaker-tsmc-approves-38-billion-germany-factory-plan-3685546><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Taiwan Semiconductor Manufacturing Co said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany.The world'...</p>\n\n<a href=\"https://www.channelnewsasia.com/business/taiwan-chipmaker-tsmc-approves-38-billion-germany-factory-plan-3685546\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSM","symbol_name":"台积电","start_time":0,"source_url":"https://www.channelnewsasia.com/business/taiwan-chipmaker-tsmc-approves-38-billion-germany-factory-plan-3685546","article_id":"2357021074","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2357021074","pubTimestamp":1691492430,"sourceInfo":{"source_id":"can_highlight","name":"CNA"},"weMediaInfo":null,"summary":"$Taiwan Semiconductor Manufacturing Co(TSMC)$ said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany.Th","collect":0,"end_time":0,"defaultTopTitle":"channelnewsasia.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSM":"台积电"},"translate_title":"台湾芯片制造商TSMC批准38亿美元的德国工厂计划","themeId":"95e3e7595ac2407d82a2e646db9ba6e0","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSM":0.85},"content_text":"Taiwan Semiconductor Manufacturing Co said on Tuesday that its board had approved a 3.5 billion euro ($3.8 billion) investment for the construction of its first European factory, in Germany.The world's largest contract chipmaker, TSMC has been in talks with the German state of Saxony since 2021 about building a fabrication plant, or \"fab,\" in Dresden.The company, in a brief statement after a board meeting, said it had approved the investment of up to 3.499 billion euros in a TSMC-majority-owned subsidiary, European Semiconductor Manufacturing Company (ESMC) GmbH, in Germany to provide foundry services.The European Union has approved the EU Chips Act, a 43 billion euro subsidy plan to double its chipmaking capacity by 2030, in a bid to catch up with Asia and the United States.TSMC is one of several chipmakers, including Intel and Wolfspeed, seeking to draw on government funding to build factories in Europe.Brussels and EU member states are pushing for home-grown production by offering billions in state subsidies to cut dependency on Asian suppliers and ease a global chip shortage which created havoc for carmakers.The bloc seeks to double its global market share to 20 per cent in 2030.TSMC is also investing $40 billion in a new plant in the western U.S. state of Arizona, supporting Washington's plans for more chipmaking at home.TSMC said in its statement after the board meeting that it had also approved a capital injection of not more than $4.5 billion for the Arizona plant as part of the overall $40 billion investment.($1 = 0.9122 euros)","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":206882702946536,"gmtCreate":1691538640819,"gmtModify":1691538643718,"author":{"id":"3567752887434518","authorId":"3567752887434518","name":"Miker9110","avatar":"https://community-static.tradeup.com/news/376b8215951358aaecd7891f086a6dad","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3567752887434518","authorIdStr":"3567752887434518"},"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/206882702946536","repostId":2357021074,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":206690062315664,"gmtCreate":1691491783492,"gmtModify":1691492363687,"author":{"id":"4093740192964410","authorId":"4093740192964410","name":"Kcler","avatar":"https://static.tigerbbs.com/1c50ccd81ea5274b444d1aafc232454a","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":5,"crmLevelSwitch":0,"idStr":"4093740192964410","authorIdStr":"4093740192964410"},"htmlText":"Why would they build there, when all the energy cost will be so expensive due to the on going war?","listText":"Why would they build there, when all the energy cost will be so expensive due to the on going war?","text":"Why would they build there, when all the energy cost will be so expensive due to the on going war?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/206690062315664","repostId":2357021074,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":2,"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":"4.29.3","shortVersion":"4.29.3","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/2357021074"}