A decision to build the plant would be a major boost for the EU, which is racing to cut its reliance on importing semiconductors — vital components in everything from smartphones to cars — from Asia. Brussels earlier this year approved €43 billion in subsidies in a bid to attract chipmakers to Europe.
TSMC’s talks with several materials and equipment suppliers are focused on whether they can also make the investments required to support the plant, people familiar with the matter said. Manufacturing chips is a complex process relying on more than 50 types of equipment, such as lithography and etching machines, and more than 2,000 materials including chemicals and industrial gases.
Surging energy costs and higher inflation have already prompted US chip group Intel to seek more support from the German government for its plan to build a €17 billion for plant in the eastern city of Magdeburg. Intel is still committed to investing in Europe but the Magdeburg plant had to be competitive, according to people familiar with the matter. - Copyright The Financial Times Limited 2022
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