Helping semicap names this morning
Bloomberg: "Taiwan Semiconductor Manufacturing Co. is weighing a new campus in Texas that would add tens of billions of dollars in new investment to the company’s multiyear expansion into chipmaking in the US."
"TSMC has already committed to spending $265 billion at an expansive site in Arizona, where it’s developing several fabrication plants, and the envisioned Texas investment would also involve multiple fabs, one of the people said."
"If TSMC ultimately decides to invest in Texas, the project would encompass multiple chipmaking plants, each of which would cost at least $20 billion, according to one of the people."