TSMC starts hiring employees for its European chip plant

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Summary

TSMC is starting to recruit workers for its European chip manufacturing site. The plan calls for about 100 employees by the end of 2024 and a longer-term workforce of around 2000. The facility, ESMC, is expected to begin operations in 2029, with Bosch, Infineon, and NXP involved in the project. The company also reiterated guidance for 2024 and kept attention on its expansion timeline.

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