TSMC Executive Says Earliest Decision On Germany Plant Would Be August
Portfolio Pulse from Benzinga Newsdesk
TSMC executive announced that the earliest decision on a potential semiconductor plant in Germany would be made in August.
May 23, 2023 | 10:28 am
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POSITIVE IMPACT
TSMC may decide on a potential semiconductor plant in Germany in August, potentially expanding its production capabilities.
The news of a potential semiconductor plant in Germany indicates TSMC's plans to expand its production capabilities. This could lead to increased revenue and market share, positively impacting TSM's stock price in the short term.
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