Taiwan Semiconductor Manufacturing Co. (TPE:2330), or TSMC, aims to manufacture 30% of the world's most advanced semiconductors in Arizona as part of efforts to strengthen a US chip making hub, Nikkei Asian Review reported Thursday.
Citing company chairman and chief executive officer, C.C. Wei, the Nikkei said that the chip maker is not in talks for joint ventures or tech-sharing, addressing rumors of a possible tie-up with Intel.
Wei added that TSMC is not discussing any technology licensing or transfers with other firms. The Arizona project aims to boost US chip self-sufficiency, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.