Europe’s Chip Dreams Confront Business Realities

• TSMC is partnering with European chipmakers to build a semiconductor factory near Dresden, Germany, addressing the increasing need for local chip production. This collaboration aims to strengthen Europe's semiconductor supply chain amidst global competition.
• The establishment of this factory is significant as it represents a strategic move for Europe to reduce reliance on foreign chip manufacturers, potentially boosting local economies and enhancing technological independence.

— via World Pulse Now AI Editorial System