# 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.

- Type: Investment
- Announced: 2020-11-10
- Where: Arizona, United States
- Value: $3.50B
- Status: announced
- Products: chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Taiwan Semiconductor Manufacturing Company](https://endata.com/companies/27337.md)

## Sources

- [reuters.com](https://www.reuters.com/article/technology/chipmaker-tsmc-to-set-up-arizona-subsidiary-with-35-billion-capital-idUSKBN27Q1KA/), 2020-11-10: "The investment is part of the plan that TSMC announced in May to build a $12 billion factory in Arizona."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.