TSMC board approves $3.5B capital for Arizona subsidiary

TSMC's board approved a $3.5 billion investment to set up a wholly-owned subsidiary in Arizona, part of a previously announced $12 billion factory plan.

“The investment is part of the plan that TSMC announced in May to build a $12 billion factory in Arizona.”reuters.com

• 1 source
• reuters.comChipmaker TSMC to set up Arizona subsidiary with $3.5 billion capitalNov 10, 2020

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