Serious money, the stock is down 2.3% at $176.35.
From Barron's, March 3:
Taiwan Semiconductor Manufacturing plans to invest $100 billion to build out chip-making facilities in the U.S., according to people familiar with the matter.
The company intends to make the investment over the next four years as part of a federal effort that could be announced as soon as later today, The Wall Street Journal first reported.
TSMC didn’t immediately respond to a request for comment from Barron’s.
The chip maker has been the subject of rumors as of late. TSMC is also reportedly thinking of taking a stake in Intel’s struggling foundry business or buying the division outright....
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I will never be able to think of OpenAI's Sam Altman without thinking of how the TSMC brass mocked him last fall:
Chips: "TSMC execs allegedly dismissed Sam Altman as ‘podcasting bro’ — OpenAI CEO made absurd requests for 36 fabs for $7 trillion"
The thing I continually remind myself is that TSMC (and ASML in the Netherlands) actually make stuff.
Some of the highest-high-tech that humans have ever accomplished.
And then this podcasting bro comes up and says he's going to need 36 fabs. Alrighty then.
