TSMC Fastracks Completion Of US Plant As Samsung Gets Aggressive With Foundry Ambitions
Portfolio Pulse from Anusuya Lahiri
Taiwan Semiconductor Manufacturing Company Ltd (TSMC) is accelerating the construction of its $40 billion factory in Arizona, with operations expected to start by 2024. The company is sending more workers from Taiwan to the US to facilitate this. A second facility is expected to produce 3-nanometre chips by 2026. TSMC's investment aligns with US President Joe Biden's plans to boost domestic semiconductor production. Meanwhile, Samsung Electronics is expanding its chip foundry business, planning to introduce 2-nanometer production for mobile phone parts by 2025.
June 29, 2023 | 11:40 am
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Samsung Electronics is expanding its chip foundry business, planning to introduce 2-nanometer production for mobile phone parts by 2025.
Samsung's expansion of its chip foundry business and plans to introduce 2-nanometer production for mobile phone parts by 2025 is a positive development for the company. This could potentially increase Samsung's market share in the semiconductor industry and positively impact its stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TSMC is fast-tracking the construction of its $40 billion factory in Arizona, which is expected to be operational by 2024. This aligns with US plans to boost domestic semiconductor production.
TSMC's accelerated construction of its Arizona factory is a positive development for the company. It aligns with US plans to boost domestic semiconductor production, which could potentially lead to favorable policies or incentives for the company. This could positively impact TSMC's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100