Taiwan’s Ministry of Economic Affairs approved a $20 billion capital injection for TSMC’s Arizona subsidiary.
The funds will finance the construction of a 12-inch wafer fabrication plant and an advanced packaging facility.
This latest authorization represents the sixth approval for the company’s U.S. venture.
Total approved investment for the Arizona operations now stands at $44 billion.
TSMC is expanding its manufacturing base to support growing U.S. demand for advanced semiconductors.
Market reports indicate no immediate reaction to the announcement.