Taiwan's Ministry of Economic Affairs (MOEA) approved $44 billion in capital injections for Taiwan Semiconductor Manufacturing Co.'s U.S. subsidiary since December 2020. These approvals support TSMC's long-term investment plan for its Arizona facilities.
The approved amount spans seven separate applications. The most recent injection, totaling $20 billion, was cleared in July 2026. The $44 billion represents equity capital for the U.S. subsidiary. This sum is a fraction of TSMC's publicly stated overall investment goal of $265 billion for its Arizona operations.
The ministry noted a difference in how it measures approved capital injections and the total project investment scale. Due to this difference, officials expect TSMC to file additional capital injection applications as its U.S. expansion continues.