Rising equipment demand and profit structures by supply chain as US chip manufacturing expands
TSM Taiwan Semiconductor Manufacturing ADR
$418.51 +1.49%
View chart & analysis → - 1As the US seeks to bring chip manufacturing home, billions of dollars are flowing into new factories, creating demand for equipment to operate new fabs.
- 2Taiwan Semiconductor Manufacturing's planned US investment is 265 billion dollars.
- 3Micron Technology's US spending plan through 2035 has been increased to over 250 billion dollars.
So what's the key point?
As the US works to build its own semiconductor factories, there is a growing need for related equipment. Taiwan Semiconductor Manufacturing and Micron Technology plan to invest massive amounts of money in the US.
Source The Motley Fool +1 · View original ↗
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