David Becker
Amid a broader visit to Asia, AMD (NASDAQ:AMD) CEO Dr. Lisa Su said the semiconductor giant will consider other companies besides Taiwan Semiconductor (NYSE:TSM) to produce its chips in an effort to improve its supply chain.
Upon a visit to Tokyo, Su said AMD (AMD) is "considering other manufacturing capabilities" aside from Taiwan Semiconductor (TSM) as the company, in a heated battle with Nvidia (NVDA) and others, looks to make sure it has " the most resilient supply chain," in an interview with Nikkei Asia.
53-year-old Su added that AMD (AMD) does not have "anything [planned] currently" for advanced chip development and that replacing Taiwan Semiconductor (TSM), the world's largest foundry, will be difficult.
She also said that she would consider using Taiwan Semiconductor (TSM) plants around the world outside of Taiwan, adding the fact that foundries being built in the U.S. and Japan is a "good thing."
"We would like to use manufacturing [sites] across different geographies to give us some flexibility," she added.
Earlier this week, Su visited Taiwan to meet with suppliers, including Taiwan Semiconductor.
Intel (NASDAQ:INTC), which has long competed with AMD (AMD) in the CPU space, is transitioning itself into a foundry to compete with companies such as Taiwan Semiconductor (TSM), Samsung (OTCPK:SSNLF) and GlobalFoundries (NASDAQ:GFS).
Santa Clara, California-based Intel is building manufacturing plants all over the world, including in Germany and is considering Italy.
Earlier this week, Taiwan Semiconductor (TSM), which produces chips for AMD (AMD), Nvidia (NVDA) and others, said it was delaying the start of production at its Arizona plant to 2025, citing an insufficient amount of skilled workers required for equipment installation.
AMD (AMD) shares rose 1% in pre-market trading on Friday.
Excerpt from:
AMD CEO will consider other foundries besides Taiwan ... - Seeking Alpha
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