Europe puts its chips on the table in ‘S • Table.Briefings

Ursula von der Leyen (CDU, l), EU-Kommissionspräsidentin, wird anlässlich eines symbolischen Spatenstichs auf dem künftigen Gelände einer Chipfabrik unter der Bezeichnung European Semiconductor Manufacturing Company (ESMC) von C.C. Wei (2.v.r), TSMC-Konzernchef, begrüßt. Die Produktion in der neuen Chipfabrik des taiwanesischen Chipherstellers TSMC soll 2027 beginnen. — Red carpet rolled out: TSMC CEO C. C. Wei welcomes Commission President Ursula von der Leyen to the symbolic ground-breaking ceremony for the chip factory in Dresden.

Construction work on Europe’s largest chip factory in Dresden began on Tuesday with a symbolic ground-breaking ceremony. On the same day, the Commission approved the German government’s subsidies of five billion euros for the project.

Taiwanese semiconductor giant TSMC broke ground Tuesday on a massive new plant in Dresden, its first in Europe and a marker of the continent’s newfound chip ambitions.

Europe puts its chips on the table in ‘Silicon Saxony’

Sign up now and continue reading immediately