TSMC Arizona Corporation authorized a capital increase of up to $20 billion. The board adopted the resolution on May 12, 2026. This equity funding commitment from the Taiwanese parent company remains pending final regulatory approval.
The capital will fund the construction and equipping of advanced semiconductor fabrication plants in Arizona. This project serves as a cornerstone for onshoring critical chip manufacturing in the United States. US-based technology companies view the expansion as central to diversifying their supply chains.
The first Arizona facility began mass production in late 2024. A second plant is scheduled to come online in 2027.