Geopolitical Chess: Europe's New Semiconductor Plant Aims To Reshape Industry Landscape

📆 24/08/2024 11:27:00
📰 ForbesTech

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European Semiconductor Manufacturing Nouvelles

TSMC Dresden Fab,Technological Sovereignty,Chip Production In Europe

Federico Guerrini is an experienced freelance journalist who covers technology in both English and Italian. Over the past few years, his work has focused on the latest developments in technology policy, governance, AI, and privacy, including topics like Europe's Bid to Become a Semiconductor Superpower and Pegasus Spyware Scandals.

of Taiwan Semiconductor Manufacturing Co., center, and Olaf Scholz, Germany's chancellor, pose for photos at the ground-breaking ceremony for the new European Semiconductor Manufacturing Co. plant in Dresden, Germany, on Tuesday, Aug. 20, 2024.

High-profile figures, including European Commission President Ursula von der Leyen and German Chancellor Olaf Scholz, attended the ceremony, underscoring the project's strategic importance.the European Commission's approval of a €5 billion German measure to support the venture, while TSMC Chairman & CEO C.C.

It will operate as an open foundry, allowing various customers to place orders, including European SMEs and startups, which will benefit from dedicated support.

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