TSMC Chairman Said Still In Process Of Applying For Subsidies From Germany, EU For New Germany Plant; Said Everything Going Smoothly In Subsidy Talks
Portfolio Pulse from Charles Gross
TSMC is still in the process of applying for subsidies from Germany and the EU for its new plant in Germany. The company's chairman stated that everything is going smoothly in the subsidy talks.
September 06, 2023 | 8:53 am
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POSITIVE IMPACT
TSMC's new plant in Germany could potentially receive subsidies, which could boost the German economy and indirectly benefit EWG.
TSMC's new plant in Germany could receive subsidies, which could boost the German economy. As EWG tracks the performance of the German stock market, this could indirectly benefit EWG.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
TSMC's ongoing subsidy talks for its new plant in Germany are progressing smoothly. This could potentially lower the cost of the new plant, benefiting the company.
TSMC is in talks to receive subsidies for its new plant in Germany. If successful, this could lower the cost of the plant, which would be beneficial for the company's financials. This is directly relevant to TSMC and could have a positive impact on its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
TSMC's potential subsidies for its new plant in Germany could have a positive impact on the European economy, indirectly benefiting VGK.
TSMC's potential subsidies for its new plant in Germany could boost the European economy. As VGK tracks the performance of the European stock market, this could indirectly benefit VGK.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50