币界网报道：TSMC has allocated $10 billion to hedge against foreign exchange risks, according to its latest financial disclosures. The semiconductor giant revealed this substantial currency risk management fund in its Q2 2023 earnings report, citing the need to mitigate volatility from global operations spanning multiple currencies. The company's CFO Wendell Huang explained that this capital buffer will help stabilize financial performance amid fluctuating exchange rates, particularly between the US dollar and Taiwanese dollar. This move comes as TSMC continues its global expansion with new fabs in the US, Japan, and Germany, where local currency exposures have increased significantly. Industry analysts note this represents one of the largest corporate forex hedging programs in Asia's tech sector, reflecting TSMC's growing international footprint and the semiconductor industry's complex supply chain dynamics. The allocation represents approximately 15% of TSMC's current cash reserves.