Microchip Technology expands TSMC partnership to strengthen supply chain
Apr. 08, 2024 12:25 PM ET
By: Brandon Evans, SA News Editor
 Jay_Zynism/iStock via Getty Images
- Microchip Technology (NASDAQ: MCHP) has expanded its partnership with the world's largest semiconductor foundry to help build resiliency in its supply chain, the Chandler, Arizona-based company announced Monday.
- Microchip's partnership with Taiwan Semiconductor Manufacturing Company ( TSM) includes enabling a specialized 40 nanometer manufacturing capacity at Japan Advanced Semiconductor Manufacturing. Japan Advanced is a manufacturing subsidiary that is majority owned by TSMC and located in Kumamoto Prefecture, Japan.
- “Our expanded collaboration with Microchip will ensure that as leading technologies continue to develop, so will our collective ability to manufacture and deliver those capabilities to global customers when they are needed,” said Rose Castanares, senior vice president of business management at TSMC North America.
- The plan is also intended to establish more geographical diversity and redundancy with wafer fab, foundry, assembly, test and outsourced semiconductor assembly and test, or OSAT.
- TSMC and MCHP both ticked up slightly by noon trading Monday.
- TSMC's primary clients include Apple ( AAPL), Nvidia ( NVDA), Qualcomm ( QCOM), Advanced Micro Devices ( AMD) and Broadcom ( AVGO).
- Some of Microchip's largest customers include Boeing ( BA), Lockheed Martin ( LMT), Apple and Dell ( DELL).
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