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Singapore's New Multi Billion Dollar Semiconductor Manufacturing Plant

June 18, 2024
x min read

Singapore is about to have one of the largest facilities in the world for manufacturing new semiconductors.

What’s happening:

  • Dutch semiconductor company NXP has partnered with Vanguard International Semiconductor to build a new plant for manufacturing semiconductors that is expected to cost $7.8B USD to construct
  • The new manufacturing plant is set to be located in Singapore

By the numbers:

  • NXP will contribute $1.6B USD to the new project and Vanguard International Semiconductor will contribute $2.4B USD
  • The remaining $3.8B USD to fund the project is coming from outside investors
  • Currently, 90% of the semiconductor production in the world comes from Taiwan

Why it matters:

  • There have been rising concerns around a lack of supply of artificial intelligence chips and semiconductors due to the unprecedented boom in artificial intelligence startups raising venture capital, which has sent shares of Nvidia (NASDAQ: NVDA) to new all time highs and a flurry of new startups emerging from stealth

Going deeper:

The intrigue:

  • Vanguard International Semiconductor is backed by Taiwan Semiconductor Manufacturing Company (NYSE: TSM) who is one of the largest publicly traded semiconductor companies in the world

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