Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday obtained the government’s approval to inject an additional US$7.5 billion into its US subsidiary, the Department of Investment Review said in a statement.
The department approved TSMC’s application of investing in TSMC Arizona Corp, which is engaged in the manufacturing, sales, testing and design of IC and other semiconductor devices, it said.
The latest capital injection follows a US$5 billion investment for TSMC Arizona approved in June. The chipmaker has broken ground on two advanced fabs in Arizona with aggregated investments approved by the department totaling US$24 billion thus far.
Photo: An Rong Xu, Bloomberg
According to TSMC, the first Arizona fab is scheduled to start mass production using sophisticated 4-nanometer process technology in the first half of next year, while the second fab is to begin volume production using 3nm and 2nm process technology in 2028.
TSMC has also unveiled plans to build a third fab there using the 2nm process or more advanced technology with overall investments above US$65 billion in Arizona.
The chipmaker also in February launched a fab in Kumamoto, Japan and announced plans for a second, as part of an estimated US$20 billion investment. In Europe, it broke ground on a 12-inch wafer fab in Dresden, Germany, last month.
However, TSMC said earlier yesterday that it has no new concrete overseas expansion plans, following news reports that its top executives recently held talks in the United Arab Emirates (UAE).
While not addressing the UAE rumors directly, TSMC told CNA that it was always open to constructive discussions on promoting the development of the semiconductor industry, adding it remained focused on its current global projects.
On Sunday, the Wall Street Journal reported that top TSMC executives recently visited the UAE to discuss building a plant cluster similar in scale to the chipmaker’s largest and most advanced facilities in Taiwan.
According to the Journal, the UAE has also courted chipmaking investment from South Korea’s Samsung Electronics Co.
Under the initial discussions, the investment plans of TSMC and Samsung would be funded by the UAE with the aim of raising global chip production and capping soaring prices without hurting chipmakers’ bottom lines, the Journal said, citing a source familiar with the matter.
Commenting on the report, Ray Yang (楊瑞臨), an international strategy development consulting director at the government-sponsored Industrial Technology Research Institute (ITRI), said that he suspected speculation arose after TSMC sent its marketing personnel to the UAE.
“But, TSMC investing in the UAE is a thing which has not even begun to take shape,” Yang said.
NEW MARKET: The partnership opens up India to the Dutch company, which already has a strong hold in the semiconductor market of South Korea, Taiwan and China ASML Holding NV entered into a partnership agreement with Tata Electronics Pvt Ltd aimed at ramping up India’s goal to develop domestic chip-manufacturing capabilities. The Dutch company’s technology would help power Tata Electronics’ planned 300 millimeter (mm) semiconductor foundry in Gujarat, according to a joint statement from the two companies on Saturday. The signing of a memorandum of understanding coincides with a visit by Indian Prime Minister Narendra Modi to the Netherlands, which is looking to deepen bilateral relations with New Delhi. ASML, whose top customers include Taiwan Semiconductor Manufacturing Co (台積電) and Samsung Electronics Co, makes lithography machines that can print
After several years flying high as Asia’s best Nvidia Corp proxy, Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is increasingly vying with other artificial intelligence (AI) stocks for investor attention. Stock traders are chasing a wider array of beneficiaries as mainstream usage of AI creates demand for hardware beyond the most-advanced chips TSMC makes for Nvidia. Subthemes from the deepening memory crunch to advances in robotics are also luring bids. At the same time, investment caps on single stocks are pushing funds to diversify, while retail investors long familiar with TSMC through its US depositary receipts are being offered a broader set of
TECH RELIANCE: Growth is increasingly reflecting an unequal K-shaped distribution, where technology sectors outperform and other industries struggle, an expert said Standard Chartered Bank has significantly raised its forecast for Taiwan’s economic growth to 9.5 percent this year, up from 7.6 percent previously, citing surging artificial intelligence (AI) demand driving exports, semiconductor production and investment. The upgrade reflects a sustained AI supercycle that continues to fuel demand for advanced chips and technology infrastructure, which form the backbone of Taiwan’s exports, the bank said in a report this week. “We raise our 2026 growth forecast to reflect a much stronger-than-expected first-quarter GDP figure,” Standard Chartered senior economist for greater China and Asia Tommy Wu (胡東安) said in the report. Driven largely by a 35.3 percent
Two of Taiwan’s international carriers, Starlux Airlines Co (星宇航空) and EVA Airways Corp (長榮航空), have retained the five-star airline rating awarded by international airline review organization Skytrax. Starlux was awarded the distinction for a second consecutive year, while EVA Air received it for the 11th straight year, Skytrax said in statements released yesterday and on Thursday last week, respectively. The five-star rating is considered one of the airline industry's highest honors and is awarded following professional audits of airline product and frontline service standards, Skytrax said. The ratings are based on in-depth assessments using unified global quality standards rather than customer review scores
RSS