December 2022 – TSMC announced it would triple investments in its Arizona fabs to US $40 billion, adjusting its timeline: first U.S. facility now targeted to start production in 2025; second facility expected between 2027–2028. Meanwhile, the U.S. Department of Commerce granted a US $6.6 billion subsidy plus up to US $5 billion in low‑interest loans to support this expansion.
