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Worker walks outside the new semiconductor plant by Japan Advanced Semiconductor Manufacturing Company (JASM), a subsidiary of Taiwan's chip giant TSMC, in Kikuyo of the Kikuchi district, Kumamoto prefecture. Taiwan's TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan's efforts to reboot its semiconductor industry. Taiwan's TSMC is looking at building advanced packaging capacity in Japan, according to two sources familiar with the matter, a move that would add momentum to Japan's efforts to reboot its semiconductor industry. One option the chipmaking giant is considering is bringing its chip on wafer on substrate, or CoWoS, packaging technology to Japan, according to one of the sources who was briefed on the matter. Demand for advanced semiconductor packaging has surged globally in tandem with the artificial intelligence boom, spurring chipmakers including TSMC, Samsung Electronics and Intel , to boost capacity.
Persons: TSMC Organizations: Japan Advanced Semiconductor Manufacturing Company, Taiwan Semiconductor Manufacturing, TSMC, Samsung Electronics, Intel Locations: Japan, Kikuyo, Kikuchi, Kumamoto prefecture, Taiwan's, Taiwan
A general view shows the new semiconductor plant by Japan Advanced Semiconductor Manufacturing Company (JASM), a subsidiary of Taiwan's chip giant TSMC (Taiwan Semiconductor Manufacturing Company), in Kikuyo of the Kikuchi district, Kumamoto prefecture on February 14, 2024. (Photo by Philip FONG / AFP) (Photo by PHILIP FONG/AFP via Getty Images)Taiwan Semiconductor Manufacturing Company opened its first chip plant in Japan on Saturday as it diversifies supply chains away from Taiwan amid intensifying U.S.-China trade tensions. Paul You, chairman of First Securities Investment Corporation said last month that the global semiconductor industry including Taiwan's could be at risk from the U.S.-China chip war. Japan Advanced Semiconductor Manufacturing Inc., the manufacturing company majority-owned by TSMC, began construction of the plant in April 2022. Japan has been striving to strengthen its semiconductor presence amid an intense rivalry with key chip making countries such as Taiwan and South Korea.
Persons: Philip FONG, PHILIP FONG, Paul You, TSMC, JASM Organizations: Japan Advanced Semiconductor Manufacturing Company, Taiwan Semiconductor Manufacturing, AFP, Getty Images, Taiwan Semiconductor Manufacturing Company, Nvidia, Apple, U.S, First Securities Investment Corporation, U.S ., Semiconductor Manufacturing Inc, TSMC, Sony Semiconductor Solutions, Denso Corporation, Samsung, Center, Strategic, International Studies Locations: Japan, Kikuyo, Kikuchi, Kumamoto prefecture, AFP, Taiwan, China, Europe, U.S, Kumamoto, South Korea
New York CNN —Is Wall Street’s favorite clique of tech stocks in need of a makeover? Most of the Magnificent Seven stocks have reclaimed their leadership of the market this year, with shares of Nvidia, Meta Platforms, Alphabet and Microsoft reaching record highs. Many investors are skeptical that the Magnificent Seven will match their blockbuster gains from 2023, even if they continue their leadership this year. Jim Worden, chief investment officer at the Wealth Consulting Group, says he believes the group should consolidate to the “Fab Five,” which he classifies as the Magnificent Seven minus Tesla and Apple. “There is a big leadership change underway in the Magnificent Seven stocks,” wrote Louis Navellier, chairman of Navellier & Associates, in a note on Tuesday.
Persons: Jim Worden, , Worden, Michael Hartnett, Jim Cramer, Louis Navellier, , Nancy Tengler, It’s, Walt, Gina Lee, Samantha Delouya, Disney, Ron DeSantis, Diksha Madhok, ” TSMC, Joe Biden, ” Read Organizations: CNN Business, Bell, New York CNN, Nvidia, Meta, Microsoft, Apple, Wealth Consulting, Bank of America, Facebook, Netflix, Google, Federal Reserve, Micro Computer, Navellier, Associates, EV, Disney, Walt Disney World, Disney Vacation, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, US Locations: New York, China, American, Orlando , Florida, , Florida, Japan Chip, Japan, Arizona
New Delhi CNN —Chip giant Taiwan Semiconductor Manufacturing Company (TSMC) is upping its output in Japan as it continues to expand its global presence. The world’s largest chipmaker will build a second semiconductor fabrication plant, or fab, in the country in “response to rising customer demand,” TSMC said in a statement Tuesday. Japan Advanced Semiconductor Manufacturing (JASM), a subsidiary majority-owned by TSMC, plans to start construction by the end of 2024, it added. The increased production in Japan comes at a time when the chip maker is facing delays at its project in Arizona. Last year, it announced a factory in Dresden, Germany, its first in Europe.
Persons: ” TSMC, JASM’s, Joe Biden, TSMC Organizations: New, New Delhi CNN, Taiwan Semiconductor Manufacturing Company, Semiconductor Manufacturing, TSMC, Toyota, Sony, SONY, US, Apple, Nvidia Locations: New Delhi, Japan, Arizona, Hsinchu, Taiwan, Dresden, Germany, Europe
TSMC on Tuesday said it will open a second manufacturing plant in Japan with backing from technology giant Sony and automaker Toyota . Japan Advanced Semiconductor Manufacturing, Inc. (JASM), the manufacturing operation majority-owned by TSMC, will begin building the new factory this year and aims to bring it into operation by the end of 2027. TSMC said the overall investment in JASM, factoring in a first facility that is set to begin operation this year, will exceed $20 billion. The figure includes the contributions of other venture partners.
Persons: TSMC Organizations: Sony, Toyota, Semiconductor Manufacturing, Inc, TSMC Locations: Japan, JASM
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