Trump says TSMC to invest $100 billion in U.S.

U.S. President Donald Trump said Monday that Taiwan Semiconductor Manufacturing Co. will invest $100 billion in the United States to help boost chip-making capacity, hailing the plan as a "tremendous move."With the new investment, TSMC, the world's largest contract chipmaker, said it will spend a total of $165 billion to build three fabrication plants, two advanced packaging facilities and a research center in Arizona.The announcement comes as Trump continues to unleash a series of tariff threats against major U.S. trading partners, while calling on foreign manufacturers to build factories …READ FULL ARTICLE