# TSMC has approved a capital budget of USD 31.28 billion to expand production capacity and support long-term growth.

*semiconductor · news · 2026-05-12 · The Tribune*

## Key points

- TSMC approved a capital budget of USD 31.28 billion for production capacity expansion and growth.
- TSMC's board authorized up to USD 20 billion investment in its US subsidiary, TSMC Arizona.
- Quarterly cash dividends increased to NT$7 per share for Q1 2024, up from NT$6 previously.
- TSMC forecast 2026 capital expenditures at the high end of its earlier USD 52-56 billion range.

**Companies:** Taiwan Semiconductor Manufacturing Company
**Countries:** Taiwan, United States

[Read the full story on The Tribune](https://www.tribuneindia.com/news/business/tsmc-approves-usd-31-28-billion-capital-budget-amid-ai-driven-chip-demand-boom/)

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