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TSMC looks to double down on U.S. chip factories as talks in Europe falter

(www.reuters.com)
437 points adventured | 1 comments | 15 May 21 00:49 UTC | HN request time: 0.811s | source
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cromka ◴[15 May 21 01:32 UTC] No.27161471[source]▶
I don't think EU cuts deals with specific companies. What would TMSC expect here? That EU gave them money straight up? I don't know how this would work, but maybe I am missing something.

If anything, EU would create a generic fund to subsidize any such investment coming from any company interested, but at EU level, it would definitely take time.

Or they can talk to individual countries about subsidies, just like they do with the US. Plenty of them can afford it.

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1. ineedasername ◴[15 May 21 01:51 UTC] No.27161560[source]▶
The EU could recognize it as a strategic security issue to not have the most advanced chip fabs located in a geographical sphere of influence that is not always aligned with their interests. They would work with TSMC in particular because they're the most advanced.

The strategic side of things is slightly less of a concern for them if TSMC bring capacity online in the US since they're mostly on good terms, but it's still not great for one of the world's largest economies to not have this sort of capability inside its borders.

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