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TSMC allocates $20 billion to Arizona expansion — project faces water and labor shortages, complicated by visa rules

… The approval of a capital injection is a formal procedure that grants TSMC management the right to use the money for the expansion of Fab 21, and while it is an important milestone, it is a formality, as this is a part of the $165 billion expansion plan that the company introduced last year. …

May 12, 2026 · Anton Shilov