Archer keeps ploughing on. It's validating that it is in a league of its own and it seems all the big boys need a piece of it.
TSMC (Taiwan Semiconductor Manufacturing Company) plans to build an advanced semiconductor fab in Arizona, the United States, with production targeted for 2024. They have also established a subsidiary, Japan Advanced Semiconductor Manufacturing, Inc. (JASM), in Kumamoto, Japan.
Regardless of current macro economic conditions, the geopolitical transition thematic backed by world-wide laws and stimuluses to protect critical industries with sovereign-trusted countries, is happening at a furious pace. We are in the box seat to be the next 'Chip Barons', provided you're in it for the long term, you will be rewarded.
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