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Taiwan Semiconductor Manufacturing Co. said its board has authorised an investment of up to US$10 billion in TSMC Global, a wholly owned subsidiary that manages parts of the chipmaker’s overseas operations. The board also approved approximately US$20.7 billion in capital appropriations for production capacity, facility expansion and related equipment, according to a regulatory filing on 12 August.
$TSMC approved an investment of up to $10B into TSMC Global and capital appropriations of about $20.7B.
TSMC Announces Approval for Up to $10 Billion Investment in TSMC Global 💰
TSMC: Approved Injection Of Not More Than $10B To TSMC Global Approved Capital Appropriations Of ~US$20.7B
