TSMC To Invest A Further $100 Billion In Arizona
the news was delivered during a high-profile press conference at the White House
This morning, TSMC announced plans to invest $100 billion in Arizona, press release here and YouTube replay here. It makes for compelling watching coming as it does after weeks of speculation about the company having a role to play in helping Intel Foundry restore semiconductor process leadership.
As it turned out, Intel merited just a single mention in the ten minute long event, and that was basically President Trump bemoaning the loss of US market share for advanced semiconductors because of Intel.
Presumably, this now puts an end to the prior speculation surrounding a TSMC-Intel tie up, a situation we never found to be credible as we discussed here:
Intel. What's Really Going On?
Debate about Intel’s future has reached fever pitch over the past week. Reports from usually reputable outlets indicate everything from Broadcom in a possible deal to acquire Intel’s Chip Design division (Bloomberg) to TSMC eyeing up Intel’s fabs (Wall Street Journal)
That there should be moves afoot in the corridors of Intel’s headquarters, Robert Noyce Building in Santa Clara should not be surprising. The company faces an existential threat and lacks a permanent CEO. However, much of what is being rumoured is implausible or at best unlikely.
So what exactly was said during the press conference and what does it all mean for TSMC? Let’s dig in….
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