So basically, another billion dollars worth of business for ASML and other suppliers of equipment that TSMC needed?
What I do wonder though, given ASML is a Dutch company, why no European governments are cooperating to start a new, European-owned chip foundry on European soil when the equipment is to a large degree manufactured in Europe. Something similar to Airbus/EADS in terms of setup.
Yes, there are GlobalFoundries and Bosch investing in "Silicon Saxony" aka Dresden, but the former is a US company owned by Emirati oil money and the latter is targeted to produce automotive chips. Europe needs independence from the US and security from China going full bonkers regarding Taiwan.
What I do wonder though, given ASML is a Dutch company, why no European governments are cooperating to start a new, European-owned chip foundry on European soil when the equipment is to a large degree manufactured in Europe. Something similar to Airbus/EADS in terms of setup.
Yes, there are GlobalFoundries and Bosch investing in "Silicon Saxony" aka Dresden, but the former is a US company owned by Emirati oil money and the latter is targeted to produce automotive chips. Europe needs independence from the US and security from China going full bonkers regarding Taiwan.