TSMC Breaks Ground on $5 Billion German Chip Factory 🇩🇪
Taiwan's TSMC starts construction of a massive new semiconductor plant in Dresden, backed by 5 billion euros in public funds, boosting Europe's tech industry.
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The world's largest chipmaker, Taiwan's TSMC, has broken ground on its new semiconductor plant in Dresden. Subsidized with 5 billion euros of taxpayers' money, it is part of the German government's and the EU's plan to become less dependent on China for critical computer components.
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Published
Aug 21, 2024
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