In a historic move amid growing China-Taiwan tensions, Taiwan Semiconductor Manufacturing Company (TSMC) has broken ground on its first-ever European plant in Dresden, Germany. The groundbreaking ceremony of the new TSMC factory took place on August 20, 2024. It marks a significant milestone for both TSMC and the European semiconductor industry. The event was attended by key figures such as European Commission President Ursula von der Leyen, TSMC CEO C.C. Wei, and German Chancellor Olaf Scholz. This new...