Taiwan's money is flowing out fast as TSMC builds abroad, but foreign money pouring into Taiwan is also climbing sharply — good for global chip supply, mixed for Taiwan's own factories.

• TSMC put $50 billion into overseas arms this year, including $20 billion into its Arizona unit, pushing Taiwan's total outbound investment up about 100%.
• Foreign investment into Taiwan rose about 90%, led by Micron's big cash injection into its Taiwan memory business and Ørsted's offshore wind spending.
• Chinese money going into Taiwan collapsed, down more than 90% from last year, and Taiwanese investment into China fell too.
• Other Taiwanese tech firms are following TSMC out, with Nanya Technology and Lite-On both adding money to overseas units.

Outlook: Expect more Taiwanese chip and tech money to head to the U.S. while the China link keeps shrinking.