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TSMC sees starting to build first European plant in Q4, Reuters reports

TSMC (TSM) plans to start building its first European facility in the fourth quarter of 2024, ahead of production in 2027, Reuters’ Toby Sterling reports. TSMC unveiled plans for the $11B factory in Germany last August, with Infineon (IFNNY) and Robert Bosch each taking a 10% stake.

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