If the subsidy is not available, TSMC will not do it? The second nuclear power plant in the United States that also jumped the ticket!
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The U.S. is TSMC's largest market** and where the company invests the most overseas. TSMC has invested 40 billion yuan in the United States and intends to build two high-end chip factories. According to the American side, the United States will provide a large number of subsidies, but after so many years, the subsidies have not been in place, has TSMC given up? The second factory in the United States also"Skip the ticket"Finish.
TSMC suffered a setback in building a factory in the United States.
Almost all of TSMC's major customers are from the United States, so it has a large consumer base and demand for cutting-edge technology. Establishing a production base in the United States can better meet the needs of the local market and further expand the market share. Therefore, as early as 2020, the United States attracted TSMC to build factories in the United States with various **, including huge subsidies, etc.
At first, TSMC rejected the invitation of the United States, considering the high cost of building factories in the United States and the lack of a complete industrial chain and talent reserves. But as soon as I heard that the United States was going to issue subsidies, all problems could be solved, after all, it was easy to do things with money, and it was possible to build factories in the United States closer to American customers.
Unexpectedly, the subsidies in the United States have not been implemented until now, although the United States has introduced the "Chips and Science Act" and decided to withdraw 52 billion yuan to support the semiconductor industry, including the subsidies that TSMC wants.
But the problem is that the subsidies are not issued unconditionally, and the enterprises that receive the subsidies must share 75% of their surplus profits with the United States, and cannot expand production on the mainland for ten years. TSMC cannot agree to these conditions and has suspended the application for the US subsidy, and I am afraid that TSMC will no longer have the opportunity to receive this subsidy.
In this way, TSMC went to the United States to build a factory, and setbacks continued one after another, and the first 4nm wafer factory, due to the lack of talents in labor skills and difficulties in equipment installation, TSMC postponed the mass production time from 2024 to 2025. Now that the first plant has been postponed, the construction plan for the second plant is not much better.
TSMC opened its second factory in the United States.
According to Bloomberg, TSMC's second factory in the United States has been postponed again, and the production deadline originally scheduled for 2026 has been postponed to 2027 or even 2028.
Liu Deyin, chairman of TSMC, also said that whether to build factories overseas depends on the level of local subsidies and support.
TSMC has made it clear that as long as the U.S. subsidies are not in place, the decision to build a factory in the United States may be changed, such as postponing production. At the beginning, the United States promised to provide subsidies before TSMC went to the United States to build factories, but now the subsidies are not in place, TSMC has given up again, and the second factory has also jumped tickets.
Without subsidies, the cost of TSMC to build a factory in the United States will increase at least several times, and after a significant increase in costs, TSMC's profit cycle will be shortened and the time for amortizing capital will be extended.
TSMC went to the United States to do business and make money, but the United States wanted to use TSMC to empty the white wolf and help the United States revitalize the localization of chips. There is no harm in suspending TSMC's application for grants to the United States, in any case, TSMC has no way out, it can only continue to build factories, and it does not matter that TSMC makes money in the United States.
Perhaps the United States did not plan to cooperate well from the beginning, but just wanted to bring TSMC's industrial chain resources and talent team to the United States. The people on the island are worried that TSMC will one day be hollowed out and become"American semiconductor manufacturing company"。I hope TSMC will recognize the reality and find the right path.
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