Sobering read. I hadn't really given the announced Cap Ex much weight, given the NY fab isn't still up and running yet. Seemed more like a number to placate the executive. However, seeing it in context with Samsung and SK Hynix's announced spending does add weight to it. On the general ecosystem side, are there enough regional players to support such an expansion? At least with TSMC Arizona, there was decades of suppliers that had clustered in Arizona due to the Motorola and Intel fabs. ASML had their first customer support office in AZ? New York? IBM and Global foundries are in the New York area. On the DMV side ASML has a service office in Virgina. There is a base there. How quickly it they'll be able to scale up is another matter. Given the pace of building out the Micron fab in New York, I think it's clear more needs to be done on the state side. Both in being able to scale up the businesses that will support these fabs, and actually making the idea of manufacturing palpable at the local and state level.
Support infra is often overlooked. But companies like ASML need to have staff ready to jump into the fab to fix problems at a moment’s notice. Not to mention materials suppliers.
Sobering read. I hadn't really given the announced Cap Ex much weight, given the NY fab isn't still up and running yet. Seemed more like a number to placate the executive. However, seeing it in context with Samsung and SK Hynix's announced spending does add weight to it. On the general ecosystem side, are there enough regional players to support such an expansion? At least with TSMC Arizona, there was decades of suppliers that had clustered in Arizona due to the Motorola and Intel fabs. ASML had their first customer support office in AZ? New York? IBM and Global foundries are in the New York area. On the DMV side ASML has a service office in Virgina. There is a base there. How quickly it they'll be able to scale up is another matter. Given the pace of building out the Micron fab in New York, I think it's clear more needs to be done on the state side. Both in being able to scale up the businesses that will support these fabs, and actually making the idea of manufacturing palpable at the local and state level.
That’s an important point.
Support infra is often overlooked. But companies like ASML need to have staff ready to jump into the fab to fix problems at a moment’s notice. Not to mention materials suppliers.