'TSMC to break ground for German fab at year-end, sources say' -DigiTimes Alert
Portfolio Pulse from Benzinga Newsdesk
TSMC is set to begin construction on a new wafer fab in Germany by the end of 2024, with production expected to start by the end of 2027.
July 24, 2024 | 11:28 am
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TSMC is planning to start construction on a new wafer fab in Germany by the end of 2024, with production expected to commence by the end of 2027. This expansion could enhance TSMC's production capacity and market reach in Europe.
The new fab in Germany represents a significant expansion for TSMC, potentially increasing its production capacity and market presence in Europe. This could positively impact TSMC's revenues and stock price in the long term.
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