Taiwan’s approved outbound investment rose 133.9% year-over-year during the first five months of 2026. A NT$960 billion (US$30 billion) capital injection from TSMC primarily drove this surge.
TSMC directed the funds to its British Virgin Islands subsidiary, TSMC Global Ltd. The Ministry of Economic Affairs identified this single transaction as the main contributor to the national increase.
The capital supports financial investments like U.S. dollar bonds and bank deposits. This strategy aims to improve returns and reduce foreign-exchange hedging costs instead of funding new facilities.
TSMC shares gained value during this period. Analysts attributed the stock rise to a market rally following a U.S.-Iran peace deal rather than the investment disclosure.