TSMC secures US$44 billion in U.S. approvals for Arizona expansion since 2020
Taiwan's Ministry of Economic Affairs has authorized US$44 billion in TSMC investment applications for the United States, primarily for new facilities in Arizona.
According to Taiwan's Ministry of Economic Affairs, seven TSMC investment applications have been cleared since December 2020, amounting to US$44 billion for projects in the United States. The first approval that month enabled a US$30.001 million transfer to set up the subsidiary TSMC Arizona, marking the start of a series of expansions in the state. Recent approvals include US$3.47 billion, US$3.5 billion, US$4.5 billion, US$5.0 billion, US$7.5 billion and US$20 billion, all aimed at boosting the Arizona subsidiary's capital.
Chairman C.C. Wei disclosed an extra US$100 billion investment to raise the number of advanced wafer fabs from three to six, add two IC assembly plants and create an R&D hub. The ministry expects more applications as TSMC lifts its 2026 capital expenditure outlook to between US$60 billion and US$64 billion. While expanding abroad, TSMC continues to operate 19 advanced fabs in Taiwan and plans 13 more facilities across Hsinchu, Taichung, Chiayi, Tainan and Kaohsiung to preserve the island's semiconductor leadership.
Why it matters
The approvals highlight TSMC's massive U.S. expansion, affecting global chip supply chains and Taiwan's tech dominance.
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