# Taiwan Semiconductor Manufacturing Company (TSMC) has approved a capital budget of USD 31.28 billion.

*semiconductor · news · 2026-05-12 · News18*

## Key points

- TSMC approved a capital budget of USD 31.28 billion for expanding production capacity and facilities.
- TSMC will invest up to USD 20 billion in its US subsidiary, TSMC Arizona.
- TSMC increased its quarterly cash dividend to NT$7 per share for 2024 Q1 earnings.
- TSMC forecasted 2026 capital expenditure will likely be at the higher end of USD 56 billion.

**Companies:** Taiwan Semiconductor Manufacturing Company (TSMC)
**Countries:** Taiwan, United States

[Read the full story on News18](https://www.news18.com/agency-feeds/tsmc-approves-usd-31-28-billion-capital-budget-amid-ai-driven-chip-demand-boom-10087588.html)

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