TSM Jul 2024 130.000 put

OPR - OPR Delayed price. Currency in USD

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1.0600

-0.4000

(-27.40%)

As of 02:24PM EDT. Market open.

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UPDATE 1-TSMC says construction of first European plant on track to start in fourth quarter
Taiwanese chipmaker TSMC plans to start construction of its first European facility in the fourth quarter of 2024, it said on Tuesday. At a conference in the Netherlands, TSMC's European chief Paul de Bot said the facility in the German city of Dresden, known as European Semiconductor Manufacturing Co (ESMC), was on track for construction to begin this year with production in 2027. Last August TSMC announced plans for the $11 billion factory in Germany, with Infineon , NXP, and Robert Bosch each taking a 10% stake.