TSMC Expands Global Chip Production with New European Plants

Taiwan Semiconductor Manufacturing Co. is planning additional facilities in Europe to meet growing AI chip demand, despite geopolitical challenges.

TSMC has begun construction on a €10 billion chip fabrication plant in Dresden, Germany, its first in the EU, with production expected by the end of 2027.
The company is exploring further expansion in Europe to capitalize on the AI chip market, potentially adding more fabs in different EU locations.
TSMC's third-quarter profits are projected to rise by 40% due to strong AI chip demand from major clients like Apple, Nvidia, and AMD.
The Taiwanese chipmaker is investing heavily in global expansion, with $65 billion allocated for three new plants in Arizona, USA.
TSMC's advanced packaging technology for AI chips is sold out until 2025, prompting accelerated capacity expansion to meet demand.