Reported Earlier, TSMC Weighs Advanced Chip Packaging In U.S. To Ease Bottleneck; Arizona Senator Visits Taiwan To Discuss Supply Chain; TSMC Has Two Fabs And $40B In Investments In Arizona
Portfolio Pulse from Benzinga Newsdesk
Taiwan Semiconductor Manufacturing Co. (TSMC) is in talks with Arizona authorities about adding advanced chip packaging capacity to its plants in the state. This is part of a broader US delegation's visit to Taiwan, focusing on Taiwan's key role in the semiconductor supply chain. The US is also discussing research and development with TSMC for the first time, aiming to bring more of the company's technology onshore.
September 19, 2023 | 4:48 pm
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POSITIVE IMPACT
The discussions between TSMC and the US could have implications for the Taiwanese economy and, by extension, the iShares MSCI Taiwan ETF (EWT).
As TSMC is a major player in the Taiwanese economy, any significant developments in its operations could have an impact on the overall economy and, by extension, the performance of the EWT ETF, which tracks the Taiwanese market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
TSMC's potential expansion of its advanced chip packaging capacity in Arizona and the US's interest in bringing more of its technology onshore could boost the company's presence and market share in the US.
The news indicates a potential expansion of TSMC's operations in the US, which could increase its production capacity and market share. The US's interest in bringing more of TSMC's technology onshore also suggests a potential increase in demand for the company's products.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100