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News 2026-07-03 04:11 UTC

TSMC Gets Green Light for $20 Billion Arizona Project

() -- Taiwan has approved a $20 billion capital injection by Taiwan Semiconductor Manufacturing or TSMC's (TPE:2330) into its Arizona unit, allowing the chipmaker to move ahead with plans to build a 12-inch wafer fab and an advanced packaging plant in the US, Focus Taiwan reported Thursday. The approval from the Minist