# TSMC breaks ground on first European chip factory in Dresden

TSMC held the groundbreaking ceremony for its first European chip factory in Dresden, a joint project with Bosch, Infineon and NXP. The companies are investing €10 billion, with 2,000 jobs planned and production expected to start at the end of 2027.

- Type: New facility
- Announced: 2024-08-20
- Where: Dresden, Germany, Germany
- Value: $11.1B (10.0B EUR)
- Jobs: 2,000
- Starts operating: 2027
- Status: under construction
- Products: semiconductor chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [TSMC](https://endata.com/companies/15886.md)
- [Bosch](https://endata.com/companies/1725.md) (partner)
- [Infineon](https://endata.com/companies/22833.md) (partner)
- [NXP](https://endata.com/companies/41913.md) (partner)

## Sources

- [business-saxony.com](https://business-saxony.com/en/news-events/news/news-detail/n1537-dresden-groundbreaking-ceremony-for-tsmcs-first-european-chip-factory), 2024-08-20: "It is a great day and we are delighted that we can experience it here together; Dresden is the best place for microelectronics in Europe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.