The much-anticipated TSMC US investment still remains under review. Taiwan’s Economics Ministry has not yet received any application from the chip giant. The proposed investment, worth NT$3.29 trillion or US$100 billion, was announced last month.
Economics Minister Kuo Jyh-huei updated legislators on the situation Wednesday. He confirmed that the Department of Investment Review has yet to receive TSMC’s application. “I don’t know what is holding it up,” he stated. “You should ask TSMC.”
Taiwanese companies must get government approval to invest over NT$1.5 billion overseas. The Investment Review Department has the authority to reject proposals. Officials can decline any plan that threatens national security or economic interests.
Taiwan People’s Party Legislator Chang Chi-kai raised the topic during a legislative session. He asked if the department would carefully examine the deal. Kuo replied that every investment should be reviewed according to the law.
In March, government officials—including the President and the National Security Council—started evaluating the proposal. Kuo previously said Taiwan’s chipmakers would not export their most advanced technologies. He promised Taiwan would keep one generation ahead of overseas operations.
The TSMC US investment has drawn interest from multiple government agencies. They are concerned about both national competitiveness and long-term technological strategy. While the plan could boost global presence, officials aim to protect Taiwan’s innovation lead.
Kuo also addressed Taiwan-US energy trade during the same session. He said future natural gas imports would depend on local demand. CPC Corporation and the state of Alaska signed a letter of intent earlier this year. The agreement aimed to expand natural gas trade between the two partners.
President Lai Ching-te emphasized this issue on Tuesday. He said boosting energy imports will be part of Taiwan’s upcoming tariff negotiations with the United States. Kuo first floated the idea in February, after Japan pledged to buy more US natural gas to improve its trade balance.
Although excitement surrounds the TSMC US investment, uncertainty continues. Without a formal application, the review process cannot begin. Government officials, legislators, and the public now wait for TSMC’s next move.
The delay raises questions about timing, regulatory concerns, and strategic planning. All eyes remain on what this investment means for Taiwan’s future in global tech. The TSMC US investment could reshape both business and political landscapes if it proceeds.
