TSMC(US:TSM) Guan Cha Zhe Wang·2025-12-26 07:28Core Viewpoint - TSMC's China head clarified that mainland Chinese customers can access advanced manufacturing processes globally, not limited to the Nanjing facility [1] Group 1: TSMC's Operations and Capacity - TSMC's Nanjing plant currently produces approximately 20,000 wafers of 16/12nm and 40,000 wafers of 28/22nm monthly, accounting for about 3% of TSMC's overall capacity [2] - The Nanjing facility primarily serves special demands such as automotive chips [2] Group 2: Regulatory and Market Clarifications - TSMC's capacity allocation is based on customer technology requirements, product positioning, and compliance considerations, rather than the customer's location or a single wafer fab [1] - TSMC is actively working to resolve issues related to the VEU (Vendor Eligibility for Use) qualification, aiming to meet regulatory requirements and fulfill customer commitments [1] - The U.S. announced the termination of TSMC's Nanjing plant's VEU qualification effective September 2025, transitioning to a case-by-case application process [1]