[News] TSMC’s Second Capital Increase of $4.5 Billion in U.S. Facility

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According to a report by Taiwan’s Liberty Times, Taiwan’s Ministry of Economic Affairs Investment Commission (MOEAIC) has given its approval for Taiwan Semiconductor Manufacturing Company (TSMC) to increase its investment in its Arizona subsidiary by an additional $4.5 billion, following a previous approval in March of this year for a $3.5 billion capital injection. The MOEAIC stated that this decision is expected to facilitate the continued growth of Taiwan’s semiconductor industry and strengthen the supply chain linkage between Taiwan and the United States.

On the 18th of this month, the MOEAIC approved a total of eight significant investment cases, including six foreign investments, totaling approximately $5.72 billion.

Among these foreign investment cases, TSMC’s injection of $4.5 billion into its Arizona subsidiary aims to provide operational funding for activities related to the manufacturing, sales, testing, and computer-aided design of integrated circuits and other semiconductor devices.

(Photo credit: TSMC)