TSMC has broken ground on its planned chip fab in Germany. German Chancellor Olaf Scholz and top TSMC leadership attended the ceremony for the upcoming plant in the country's eastern city of Dresden.
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00:00Chip-making giant TSMC has broken ground on its plant in Germany.
00:04German Chancellor Olaf Scholz attended a ceremony in Dresden where the fab will be built.
00:09TSMC approved a nearly US$4 billion investment in the plant in eastern Germany last year.
00:15Production at the fab is scheduled to begin in 2027.