Semiconductor stocks have done very well since November amid booming demand and pandemic-induced supply constraints. After several sector bellwethers recently reported earnings, semiconductor stocks took a bit of a dip. Management from Taiwan Semiconductor Manufacturing (NYSE: TSM), Intel (NASDAQ: INTC), and Texas Instruments (NASDAQ: TXN) all pointed to some easing of the current shortage in the most heavily affected auto chip sector.
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Monday that it was too early to say whether it will build factories in Germany and that talks were in early stages, as the EU seeks to reduce chip imports amid a supply shortage. The European Commission had held discussions with global chip giants, including Intel and TSMC, as the EU seeks to boost semiconductor production and shield itself from shocks in the global supply chain. Taiwan and TSMC, the world's largest contract chip manufacturer, have become central in efforts to resolve the pandemic-induced chip shortage that has forced automakers to cut production and hurt manufacturers of smartphones, laptops and even appliances.
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. is in the early stages of considering a new chipmaking plant in Germany, Chairman Mark Liu told shareholders on Monday.The world’s biggest chipmaker is also continuing its due diligence around building a semiconductor facility in Japan and that decision will depend on customer demand, Liu said. The company is engaged in weekly talks to assess the viability of such a project.In both cases for potential international expansion, TSMC will look t