TSMC Plans for First German Chip Fab With Cost Up to €10 Billion
- TSMC’s board could make investment decision in August
- Project is seeking state funds to build TSMC’s first EU plant
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Taiwan Semiconductor Manufacturing Co. is in talks with partners to spend as much as €10 billion ($11 billion) to build a chip fabrication plant in Saxony, Germany, according to people familiar with the matter.
The planned venture between TSMC, NXP Semiconductors NV, Robert Bosch GmbH and Infineon Technologies AG will include state subsidies and would have a budget of at least €7 billion, with the total investment likely closer to €10 billion, the people said, asking not to be identified because the information is private. A final decision has not been made and the plans could still change, they said.