Today, the Investment Commission, operating under the Economic Affairs Department of the Taiwan region, convened a meeting and granted approval to nine major overseas investment initiatives. Notably, TSMC (Taiwan Semiconductor Manufacturing Company) has earmarked an additional US$20 billion for capital infusion into its U.S. subsidiary, TSMC ARIZONA CORPORATION. These funds are designated for the establishment of a state-of-the-art 12-inch wafer fabrication plant and an advanced semiconductor packaging facility.
