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Chronicles

The story behind the story

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TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant and set to create 11K European jobs; the EU approves Germany's €5B subsidy

- Taiwanese firm begins work on its first European chip plant  — German subsidies will cover about half of the fab's costs

Bloomberg Kamil Kowalcze

Discussion

  • @thierrybreton Thierry Breton on x
    Today's launch of #TSMC Fab in Dresden is an important step for Europe's resilience in #semiconductors. It will benefit Europe's industrial capacities and strenghthen our geopolitical position in the global supply chains. The EU #ChipsAct is delivering! 🇪🇺 [image]
  • @f_boesenberg Frank Bösenberg on x
    Big day for #Dresden and @Silicon_Saxony today! #TSMC #ESMC [image]
  • @vonderleyen Ursula von der Leyen on x
    The new ESMC chips fab in Dresden is an endorsement of Europe as a global innovation powerhouse. Bolstering Europe's tech resilience. And creating 11,000 jobs across Europe. Today, we've authorised State Aid to the project worth around €5bn ↓ https://x.com/...
  • r/worldnews r on reddit
    TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant; the EU approves Germany's ~€5B subsidy for the project (Kamil Kowalcze/Bloomberg)