TSMC's stock price rose nearly 1% before the market opened. It was reported that its German factory would start construction at the end of the year and mass production would start at the end of 2027 at the earliest.

Market Information 26/07/2024 17:04

Glodon July 26 | TSMC (TSM.US) rose 0.94% to $161.78 before the market opened. On the news front, a semiconductor equipment company said that TSMC has confirmed the list of construction, factory engineering and equipment supply chain partners for the 12-inch factory in Dresden, Germany over the past year. The German factory is mainly based on 28/22~16/12 nanometer processes. It aims to target the automotive and industrial markets. It will start construction in the fourth quarter of 2024, and is expected to start moving in machines and equipment in the third quarter of 2026. A mini production line with a monthly production capacity of 3,000 pieces will be built in the first quarter of 2027, and mass production will begin as early as the fourth quarter of 2027, and the goal of a monthly production capacity of 40,000 pieces will be gradually achieved by 2028.

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