On November 18, 2025, TSMC revealed it has secured about NT$147 billion (US$4.71 billion) in subsidies from the U.S., Japan, Germany, and China over the past two years to support its aggressive global expansion. The funds are being used for property, equipment, and operational costs at new fabs in Arizona, Dresden, Kumamoto, and Nanjing, underpinning TSMC’s multibillion-dollar investments in advanced manufacturing capacity. Despite this significant government support, TSMC stock closed at $282.01 on November 17, 2025, down 0.99%. The stock’s recent pullback may reflect broader market caution and valuation concerns, even as the company’s strategic expansion is reinforced by international subsidies.