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8 Feb 2024

Semiconductor Giant TSMC Announces $20 Billion Investment in Japan

TSMC is expanding its operations in Japan [with a second plant](https://www.reuters.com/technology/tsmc-build-second-japan-chip-factory-raising-investment-20-bln-2024-02-06/), planning to operationalize by end of 2027. This move increases its total investment in Japan to over $20 billion, supported by Tokyo. The first plant, announced in 2021 with a $7 billion budget, is located in Kumamoto, Kyushu. This expansion is part of TSMC's strategy to augment its global manufacturing footprint.