Approved outbound investments soar almost 200% due to TSMC's Arizona plan

Due to a plan under which contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) is building two advanced wafer fabs in the U.S. state of Arizona, the amount of approved outbound investments from Taiwan in the first nine months of this year surged almost 200 percent from a year earlier, according to the Department of Investment Review under the Ministry of Economic Affairs (MOEA).

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