Taiwan Semiconductor Manufacturing Co. is planning more plants in Europe with a focus on the market for artificial intelligence chips, according to a senior Taiwanese official, as the chipmaker expands its global footprint.

TSMC is planning to expand operations in Europe, following its first chip fab in the region, in Dresden, Germany.

TSMC, which is the world’s biggest chipmaker and produces most of its semiconductors in Taiwan, is spending tens of billions of dollars to set up new sites in the US, Japan and Germany, partly to hedge against rising geopolitical tensions with China.

Head of Taiwan's National Science Council says TSMC is planning additional fabs in Europe. TSMC denies that such a decision has been made.

TSMC broke ground on its €10 billion ($10.9bn) Dresden fab in August 2024, with the site due to be operational by late 2027. At full capacity, it will produce 40,000 wafers, focusing on the company’s 28nm, 22nm, and 16/12m nodes.

TSMC is investing heavily in new sites across the globe, including the US, Japan, and Germany, to mitigate geopolitical risks.

TSMC has already started building its first fabrication plant in Dresden, Germany, marking the company’s entry into the European Union at a significant investment of €10 billion or about $10.9 billion

The world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Company, is set to expand its operations in Europe, according to a Taiwanese official. View on euronews

Semiconductor giant Taiwan Semiconductor ($TSM), or TSMC, is set to expand its footprint in Europe. According to Taiwan’s National Science and

Taiwan Semiconductor Manufacturing (NYSE:TSM) is planning more facilities in Europe with a focus on the market for AI chips, Bloomberg News reported, citing a senior Taiwanese official. "They have started construction of the first fab in Dresden,