Caitlin Ohara for The Washington Post through Getty Images
Takeaways from the Key Notes
- Taiwan Semiconductor Manufacturing Co. reportedly is in talks with Nvidia to produce the AI darling's Blackwell chips at the contract manufacturer's new plant in Arizona.
- Reuters reported that TSMC was preparing to begin production of AI chips at the beginning of next year.
- Those chips have been made in TSMC's plants in Taiwan.
Taiwan Semiconductor Manufacturing Co. is reportedly in negotiations with Nvidia for the production of Blackwell, the AI darling chips from the new Arizona facility.
According to Reuters TSMC will begin producing AI chips in the first quarter of next year. Those chips have been made in TSMC's plants in Taiwan.
According to the report, even if the chips were made in America, they still had to go back to Taiwan for packaging.
Biden’s administration announced earlier in the year that TSMC will receive direct federal funding of $6.6 billion for its Arizona factory complex. TSMC has a number of customers, including Apple (AAPL) as well as Broadcom.
Premarket trading of American depositary Receivables (ADRs), the Taiwanese Company, has not seen much change but they have almost doubled in value this year.
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